Bradford, Inc., expects to produce 8,000 ceramic vases for $21 each. Direct materials costs are $4,...
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Bradford, Inc., expects to produce 8,000 ceramic vases for $21 each. Direct materials costs are $4, direct manufacturing labor is $1, and manufacturing overhead is $4 per vase. The following inventory levels apply to 2019: Beginning inventory Ending inventory Direct materials Work-in-process inventory Finished goods inventory 3,000 units O units 400 units 3,000 units O units 800 units On the 2019 budgeted income statement, what amount will be reported for gross margin? A) $91,200 B) $144,000 C) $198,000 D) $134,400 Bradford, Inc., expects to produce 8,000 ceramic vases for $21 each. Direct materials costs are $4, direct manufacturing labor is $1, and manufacturing overhead is $4 per vase. The following inventory levels apply to 2019: Beginning inventory Ending inventory Direct materials Work-in-process inventory Finished goods inventory 3,000 units O units 400 units 3,000 units O units 800 units On the 2019 budgeted income statement, what amount will be reported for gross margin? A) $91,200 B) $144,000 C) $198,000 D) $134,400
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