First Class, Inc., expects to sell 28,000 pool cues for $14.00 each. Direct materials costs are $4.00, direct manufacturing labor is $6.00, and manufacturing overhead is $0.85 per pool cue. The following inventory levels apply to 2019 Beginning inventory Ending inventory Direct materials 30,000 units 30,000 units Work- in - process inventory O units O units Finished goods inventory 1,800 units 3,100 units What are the 2019 budgeted costs for direct materials, direct manufacturing labor, and manufacturing overhead, respectively?
First Class, Inc., expects to sell 28,000 pool cues for $14.00 each. Direct materials costs are $4.00, direct manufacturing labor is $6.00, and manufacturing overhead is $0.85 per pool cue. The following inventory levels apply to 2019 Beginning inventory Ending inventory Direct materials 30,000 units 30,000 units Work- in - process inventory O units O units Finished goods inventory 1,800 units 3,100 units What are the 2019 budgeted costs for direct materials, direct manufacturing labor, and manufacturing overhead, respectively?
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter2: Basic Cost Management Concepts
Section: Chapter Questions
Problem 14E: For each of the following independent situations, calculate the missing values: 1. The Belen plant...
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