ACCOUNTING
Multiple Choice
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 $3 per vase. The following inventory levels apply to 20x4:
Beginning inventory Ending inventory
Direct materials 1,000 units 1,000 units
Work-in-process inventory 0 units 0 units
Finished goods inventory 400 units 500 units
How many ceramic vases need to be produced in 20x4?
a. 5,900 vases
b. 6,100 vases
c. 7,000 vases
d. 6,000 vases
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