Question: CBA UOs Question 6: (7 marks Daniel, Inc. expects to manufacture and sell 6,000 ceramic vases for $20 each. Direct materials costs are $2, direct
CBA UOs Question 6: (7 marks Daniel, Inc. expects to manufacture and sell 6,000 ceramic vases for $20 each. Direct materials costs are $2, direct manufacturing labor is $10, and manufacturing overhead is S3 per vase. The following inventory levels apply to 2004: Direct materials Work-in-process inventory Finished goods inventory On the 2004 budgeted income statement, what amount will be reported for sales? 1,000 units 0 units 400 units 1,000 units 0 units 500 units a. b. How many ceramic vases need to be produced in 20047 c. On the 2004 budgeted income statement, what amount will be reported for he 2004 budgeted costs for direct materials, direct manufacturing labor, and What are t manufacturing overhead, respectively? d. End of Questions
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