Kason, Inc., expects to sell 20,000 pool cues for $13 each. Direct materials costs are $2,...
Kason, Inc., expects to sell 20,000 pool cues for $13 each. Direct materials costs are $2, direct manufacturing labor is $6, and manufacturing overhead is $0.89 per pool cue. The following inventory levels apply to 2016:
| Beginning inventory | Ending inventory | |
| Direct materials | 28,000 units | 28,000 units |
| Work-in-process inventory | 0 units | 0 units |
| Finished goods inventory | 1100 units | 2700 units |
On the 2016 budgeted income statement, what amount will be reported for sales?
Homework Answers
Calculate sales
Amount to be reported for sales = Sale unit*selling price
= 20000*13
Amount to be reported for sales = 260000
Add Answer to:
Kason, Inc., expects to sell 20,000 pool cues for $13 each.
Direct materials costs are $2,...
Kason, Inc., expects to sell 26,000 pool cues for $12 each. Direct materials costs are $4,...
Kason, Inc., expects to sell 26,000 pool cues for $12 each. Direct materials costs are $4, direct manufacturing labor is $6, and manufacturing overhead is $0.82 per pool cue. The following inventory levels apply to 2016: Beginning inventory Ending inventory Direct materials 27,000 units 27,000 units work-in-process inventory 0 units 0 units Finished goods inventory 1400 units 2700 units On the 2016 budgeted income statement, what amount will be reported for cost of goods sold?
Kason, Inc., expects to sell 25,000 pool cues for $12 each Direct materials costs are $2,...
Kason, Inc., expects to sell 25,000 pool cues for $12 each Direct materials costs are $2, direct manufacturing laboris $4, and manufacturing overhead is $0.82 per pool cue. The following inventory levels apply to 2016: Direct materials Work-in-process inventory Puhed goods inventory Beginning inventory 30,000 units Ourits 1100 units Ending inventory 30 000 units Ounits 2700 units How many pool cues need to be produced in 2016? 23,400 cues 26.600 cues 26,100 cues 27,700 cues
Kason, Inc., expects to sell 23,000 pool cues for $13 each. Direct materials costs are $3,...
Kason, Inc., expects to sell 23,000 pool cues for $13 each. Direct materials costs are $3, direct manufacturing labor is $5, and manufacturing overhead is $0.81 per pool cue. The following inventory levels apply to 2016: beginning inventory ending inventory Direct materials 26,000 units 26,000 units work-in-process inventory 0 units 0 units finished goods inventory 1200 units 3000 units How many pool cues need to be produced in 2016?
Kason, Inc., expects to sell 21,000 pool cues for 513 each. Direct materials costs are 54, direct manufacturing lab...
Kason, Inc., expects to sell 21,000 pool cues for 513 each. Direct materials costs are 54, direct manufacturing laboris 5, and manufacturing overhead is $0.87 per pool cue. The following inventory levels apply to 2016 Direct materials Work-in-procene inventory Finished goods inventory Beginning inventory 24,000 units O units 1400 units Ending inventory 24000 units Ourite 2500 units On the 2016 budgeted income statement, what amount will be reported for sales? $273,000 $326,300 5312,000 5287,300
First Class, Inc., expects to sell 26,000 pool cues for $14 each. Direct materials costs are...
First Class, Inc., expects to sell 26,000 pool cues for $14 each. Direct materials costs are $2, direct manufacturing labor is $4, and manufacturing overhead is $0.89 per pool cue. The following inventory levels apply to 2019: Direct materials Work-in-process inventory Finished goods inventory Beginning inventory 31,000 units O units 1,800 units Ending inventory 31,000 units O units 3,300 units On the 2019 budgeted income statement, what amount will be reported for cost of goods sold? $189,475 $179,140 $168,805 $201,877
First Class, Inc., expects to sell 26,000 pool cues for $13.00 each. Direct materials costs are...
First Class, Inc., expects to sell 26,000 pool cues for $13.00 each. Direct materials costs are $3.00, direct manufacturing labor is $5.00, and manufacturing overhead is $0.80 per pool cue. The following inventory levels apply to 2019: Beginning inventory Ending inventory Direct materials 27,000 units 27,000 units Work−in−process inventory 0 units 0 units Finished goods inventory 1,800 units 3,400 units On the 2019 budgeted income statement, what amount will be reported for sales? A. $351,000 B. $371,800 C. $338,000 D....
How many pool cues need to be produced in 2019?
First Class, Inc., expects to sell 28,000 pool cues for $13.00 each. Direct materials costs are $3.00, direct manufacturing labor is $5.00, and manufacturing overhead is $0.90 per pool cue. The following inventory levels apply to 2019:Beginning inventoryEnding inventoryDirect materials33,000 units33,000 unitsWork−in−process inventory0 units0 unitsFinished goods inventory1,800 units3,400 unitsHow many pool cues need to be produced in 2019?
Company "X", expects to sell 50,000 units for $20.00 each. Direct materials costs are $4.00, direct...
Company "X", expects to sell 50,000 units for $20.00 each. Direct materials costs are $4.00, direct manufacturing labor is $8.00, and manufacturing overhead is $2 per unit. The following inventory levels to 2018: At are the head, respo Beginning inventory Direct materials 20,000 units Work-in-process inventory 0 units Finished goods inventory 2,000 units D) $0; $1999 B) $78.00 Ending inventory 20,000 units C) $162 0 units 3) On the 2018 budgeted income statement, what amount will be reported for sales?...
Boca Jr, Inc., expects to sell 8,900 soccer balls for $35 each in 2012. Direct materials...
Boca Jr, Inc., expects to sell 8,900 soccer balls for $35 each in 2012. Direct materials costs are $7 per yard, direct manufacturing labor is $8 per labor hour, and manufacturing overhead is $3.5 per soccer ball. Each ball requires 0.75 yards of synthetic leather and 1.5 labor hours. The following inventory levels apply to 2018: Beginning inventory Ending inventory Direct materials 275 yards 540 yards Work-in-process inventory 0 units 0 units Finished goods inventory...
question 21 SAMSON INC expects to sell 10000 barbells for $18 each . direct material costs...
question 21 SAMSON INC expects to sell 10000 barbells for $18 each . direct material costs are $5 direct manufacturing labour is $6 , and manufacturing overhead is $2.50per barbell . each barbell requires 6 kilogram of material which is all added at the start of production . the units in work process beginning and ending inventory were half complete as to direct labour and manufacturing overhead costs the units in beginning inventory are completed before new units started. each...
Kason, Inc., expects to sell 25,000 pool cues for $12 each Direct materials costs are $2, direct manufacturing laboris $4, and manufacturing overhead is $0.82 per pool cue. The following inventory levels apply to 2016: Direct materials Work-in-process inventory Puhed goods inventory Beginning inventory 30,000 units Ourits 1100 units Ending inventory 30 000 units Ounits 2700 units How many pool cues need to be produced in 2016? 23,400 cues 26.600 cues 26,100 cues 27,700 cues
Kason, Inc., expects to sell 21,000 pool cues for 513 each. Direct materials costs are 54, direct manufacturing laboris 5, and manufacturing overhead is $0.87 per pool cue. The following inventory levels apply to 2016 Direct materials Work-in-procene inventory Finished goods inventory Beginning inventory 24,000 units O units 1400 units Ending inventory 24000 units Ourite 2500 units On the 2016 budgeted income statement, what amount will be reported for sales? $273,000 $326,300 5312,000 5287,300
First Class, Inc., expects to sell 26,000 pool cues for $14 each. Direct materials costs are $2, direct manufacturing labor is $4, and manufacturing overhead is $0.89 per pool cue. The following inventory levels apply to 2019: Direct materials Work-in-process inventory Finished goods inventory Beginning inventory 31,000 units O units 1,800 units Ending inventory 31,000 units O units 3,300 units On the 2019 budgeted income statement, what amount will be reported for cost of goods sold? $189,475 $179,140 $168,805 $201,877
Company "X", expects to sell 50,000 units for $20.00 each. Direct materials costs are $4.00, direct manufacturing labor is $8.00, and manufacturing overhead is $2 per unit. The following inventory levels to 2018: At are the head, respo Beginning inventory Direct materials 20,000 units Work-in-process inventory 0 units Finished goods inventory 2,000 units D) $0; $1999 B) $78.00 Ending inventory 20,000 units C) $162 0 units 3) On the 2018 budgeted income statement, what amount will be reported for sales?...
Most questions answered within 3 hours.
-
2. Boris recently synthesized an explosive compound he named
Badenoughium. The molecular formula for Bdenoughium is...
asked 14 minutes ago -
5. A car decelerate evenly from a velocity of 50mph until rest
in a distance of...
asked 20 minutes ago -
IN HTML Programming
1. Write a script that inputs integers (one at a time) and
passes...
asked 34 minutes ago -
A dentist uses a mirror to examine a tooth that is 0.75 cm in
front of...
asked 33 minutes ago -
You set up a 100,000 line of credit for the business on 1/1/X8,
annual interest is...
asked 33 minutes ago -
What is the measurement uncertainty of a pan balance? How did you
get that?
asked 34 minutes ago -
Suppose four firms have market shares of 30%, 30%, 20% and 20%.
What is the Herfindahl-Hirschman...
asked 47 minutes ago -
IBT Industrial Solutions produces forty units of rack and pinion
type steering gears during an eight...
asked 46 minutes ago -
The Ksp for PbI2 is 9.8×10−9 . Will PbI2 precipitate if 2.5 mL
of 0.0025 M...
asked 48 minutes ago -
- Write a Person Constructor that initializes `name` and
`age` from arguments.
- All instances of...
asked 52 minutes ago -
What is the meaning of the statement: In acid-base catalysis,
acid catalysis involves partial proton transfer...
asked 59 minutes ago -
Polo Publishers purchased a multi-color offset press with terms
of $65,000 down and a noninterest-bearing note...
asked 57 minutes ago