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5. Glenford, Inc., expects to sell 8,500 ceramic vases for $30 each. Direct materials costs are $5, direct manufacturing labor is $14, and manufacturing overhead

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5. Glenford, Inc., expects to sell 8,500 ceramic vases for $30 each. Direct materials costs are $5, direct manufacturing labor is $14, and manufacturing overhead is $4 per vase. The following inventory levels apply to 2020 Beginning inventory Ending inventory Direct materials 5,000 units 5,000 units Work-in-process inventory 0 units 0 units Finished goods inventory 400 units 600 units What are the 2020 budgeted production costs for direct materials, direct manufacturing labor, and manufacturing overhead, respectively? A) $25,000, $0, $22,400 B) $25,000; $70,000; $20,000

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