Question: First Class, Inc., expects to sell 24,000 pool cues for $12.00 each. Direct materials costs are $2.00, direct manufacturing labor is $5.00, and manufacturing overhead

First Class, Inc., expects to sell 24,000 pool cues for $12.00

First Class, Inc., expects to sell 24,000 pool cues for $12.00 each. Direct materials costs are $2.00, direct manufacturing labor is $5.00, and manufacturing overhead is $0.88 per pool cue. The following inventory levels apply to 2019: Direct materials Work-in-process inventory Finished goods inventory Beginning inventory. 29,000 units 0 units 1,800 units Ending inventory 29,000 units 0 units 3,000 units What are the 2019 budgeted costs for direct materials, direct manufacturing labor, and manufacturing overhead, respectively? O A. $58,000; $145,000; $25,520 O B. $51,600; $129,000; $22,704 O c. $50,400; $126,000; $22,176 OD. $48,000; $120,000; $21,120

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

The B. Hall Real Estate Investment Corporation has identified four small apartment buildings in which it would like to invest. Mrs. Hall has approached three savings and loan companies regarding...

First Class, Inc., expects to sell 28,000 pool cues for $13.00 each. Direct materials costs are $2.00, direct manufacturing labor is $5.00, and manufacturing overhead is $0.81 per pool cue. The...

The actual information pertains to the month of June. As a part of the budgeting process, Great Cabinets Company developed the following static budget for June. Great Cabinets is in the process of...

33. First Class, Inc., expects to sell 26,000 pool cues for $13.00 each. Direct materials costs are $2.00, direct manufacturing labor is $5.00, and manufacturing overhead is $0.90 per pool cue. The...

First Class, Inc., expects to sell 30,000 pool cues for $13.00 each. Direct materials costs are $2.00, direct manufacturing labor is $4.00, and the manufacturing overhead is $0.83 per pool cue. The...

First Class, Inc. expects to sell 24,000 pool cues for $14.00 each. Direct materials costs are $2.00, direct manufacturing labor is $4.00, and manufacturing overhead is 0 83 per pool cue. The...

First Class Inc expects to sell 29,000 pool cues for $14 each. Drect materials costs are $2, direct manufacturing labor in St and manufacturing overhead is 30.87 per pot co Theowingtry level apply to...

First Class, Inc expects to sell 22,000 pool cues for $13 each Direct materials costs aro S3, direct manufacturing tabor is 56, and manufacturing overhead is $0.84 per pool cue The following...

First Class, Inc., expects to sell 25,000 pool cues for $12.00 each. Direct materials costs are $4.00, direct manufacturing labor is $5.00, and manufacturing overhead is $0.85 per pool cue. The...

First Class, Inc., expects to sell 28,000 pool cues for $12.00 each. Direct materials costs are $2.00, direct manufacturing labor is $4.00, and manufacturing overhead is $0.84 per pool cue. The...

First Class, Inc, expects to sell 22,000 pool cues for $13 ench Direct materials costs are $3, direct manufacturing laboris 6, and manufacturing overhoed is $0 84 por pool cue. The following...

Consider the following hypotheses: H 0 : = 8 H A : 8 The population is normally distributed. A sample produces the following observations: Use the p-value approach to conduct the test at a 5%...

Consider a splherically symmetric potential of the form K, 0sr

If a company reports a net loss, it will not be able to pay cash dividends. will not be able to make capital expenditures. will not be able to get a loan. mary still have a net increase in cash.

(The basic structure of the U.S. financial markets) Which of the following would be classified as savers?(Select all that apply.) A. A bank that provides a savings account to individuals. B. A...

Employ effective vocal cues Employ effective visual cues

3 Might there be some middle ground? Could you adjust the topic to focus on verifiable facts? For example, you could investigate whether banning dogs would lower the insurance premiums paid by the...

Clearly transitions help to clarify messages and keep them flowing in oral and written forms of communication. But do transitions function similarly in mediated communication contexts? For example,...