Answer the following questions using the information below: Kason, Inc., expects to sell 20,000 pool cues for $12.00 each. Direct materials costs are $2.00, direct manufacturing labor is $4.00, and manufacturing overhead is $0.80 per pool cue. The following inventory levels apply to 2016: Beginning inventory Ending inventory Direct materials 24,000 units 24,000 units Work - in - process inventory 0 units 0 units Finished goods inventory 2,000 units 2, 500 units On the 2016 budgeted income statement, what amount will be reported for cost of goods sold? $153,000 $139, 800 $136,000 $132, 600