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Bradford, Inc., expects to sell 8,000 ceramic vases for $21 each. Direct materials costs are $4, direct manufacturing labour is $10, and manufacturing overhead is
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Bradford, Inc., expects to sell 8,000 ceramic vases for $21 each. Direct materials costs are $4, direct manufacturing labour is $10, and manufacturing overhead is $4 per vase. The following inventory levels apply to 2019:
Beginning Inventory Ending Inventory Direct material 3,000 units 3,000 units Work-in-process inventory 0 units 0 units Finished goods inventory 400 units 800 units
On the 2019 budgeted income statement, what amount will be reported for cost of goods sold?
$151,200
$198,000
$136,800
$144,000
Bradford, Inc., expects to sell 8,000 ceramic vases for $21 each. Direct materials costs are $4, direct manufacturing labour is $10, and manufacturing overhead is $4 per vase. The following inventory levels apply to 2019:
| Beginning Inventory | Ending Inventory | |
| Direct material | 3,000 units | 3,000 units |
| Work-in-process inventory | 0 units | 0 units |
| Finished goods inventory | 400 units | 800 units |
On the 2019 budgeted income statement, what amount will be reported for cost of goods sold?
| $151,200 | ||
| $198,000 | ||
| $136,800 | ||
| $144,000 |
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