Use the Information Below to Answer the Following Question(s)

Use the information below to answer the following question(s) .
Konrade Inc.expects to sell 30,000 athletic uniforms for $80 each in 2016.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 2016:

-What is the amount budgeted for cost of goods manufactured in 2016?

A) $1,020,000
B) $986,000
C) $1,156,000
D) $1,190,000
E) $1,054,000

Correct Answer:

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