ACCOUNTING
Multiple Choice
Marguerite, Inc., expects to manufacture and 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 20x4:
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
How many pool cues need to be produced in 20x4?
a. 22,500 cues
b. 22,000 cues
c. 20,500 cues
d. 19,500 cues
Click here for the SOLUTION
No comments:
Post a Comment