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Answer the question using the information below: Kason, Inc. expects to sell 20.000 pool cues for $24.00 each. Direct materials costs are $4.00, direct manufacturing
Answer the question using the information below: Kason, Inc. expects to sell 20.000 pool cues for $24.00 each. Direct materials costs are $4.00, direct manufacturing labor is $8.00, and manufacturing overhead is $1.60 per pool cue. The following inventory levels apply to 2011: Beginning invento Ending invento 2 Direct materials units units 0 units 0 units Work-in-process inventor nished goods 2,000 2,500 units inventory units On the 2012 budgeted income statement, what amount will be reported for sales? $492,000 $480,000 $624,000 $636,000
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