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Question 90

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Use the information below to answer the following question(s) .
Konrade Inc. expects to sell 30,000 athletic uniforms for $80 each in 2012. Direct materials costs are $20, direct manufacturing labour is $8, and manufacturing overhead is $6 for each uniform. Each uniform requires 2.0 square metres (sq. m.) of material which is all added at the start of production. The following inventory levels are expected to apply to 2012:
Use the information below to answer the following question(s) . Konrade Inc. expects to sell 30,000 athletic uniforms for $80 each in 2012. Direct materials costs are $20, direct manufacturing labour is $8, and manufacturing overhead is $6 for each uniform. Each uniform requires 2.0 square metres (sq. m.) of material which is all added at the start of production. The following inventory levels are expected to apply to 2012: -What is the amount budgeted for cost of goods sold in 2012? A) $1,156,000 B) $986,000 C) $840,000 D) $2,400,000 E) $1,020,000
-What is the amount budgeted for cost of goods sold in 2012?


A) $1,156,000
B) $986,000
C) $840,000
D) $2,400,000
E) $1,020,000

Correct Answer:

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