Records, Inc., plans to sell 10,000 cd's for $20 each. Direct materials costs are $1, direct...

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Records, Inc., plans to sell 10,000 cd's for $20 each. Direct materials costs are $1, direct manufacturing labor is $0.6, and manufacturing overhead is $1 per cd. The following inventory levels apply to 2016: Beginning inventory. Ending inventory. Direct materials Work-in-process inventory Finished goods inventory 1,000 units O units 400 units 1,000 units O units 500 units On Records, Inc. 2016 budgeted income statement, what amount will be listed as Sales? Type your answer... Records, Inc., plans to sell 10,000 cd's for $20 each. Direct materials costs are $1, direct manufacturing labor is $0.6, and manufacturing overhead is $1 per cd. The following inventory levels apply to 2016: Beginning inventory. Ending inventory. Direct materials Work-in-process inventory Finished goods inventory 1,000 units O units 400 units 1,000 units O units 500 units On Records, Inc. 2016 budgeted income statement, what amount will be listed as Sales? Type your answer...