Question: First Class, Inc., expects to sell $23,000 pool cues for each. Direct materials costs are $2, direct manufacturing labor is $4, and manufacturing overhead is
First Class, Inc., expects to sell $23,000 pool cues for each. Direct materials costs are $2, direct manufacturing labor is $4, and manufacturing overhead is $0.86 per pool cue. The following inventory levels apply to 2020: Beginning inventory Ending inventory Direct materials 27,000 units 27,000 units Work-in-process inventory 0 units 0 units Finished goods inventory 1,200 units 2,500 units. On the 2020 budgeted income statement, what amount will be reported for sales?
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