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Budget Information Table Finished goods ending inventory 150,000 Finished goods beginning inventory 100,000 MOH costs in production 462,000 Direct labor costs in production 336,000 Direct

Budget Information Table Finished goods ending inventory 150,000 Finished goods beginning inventory 100,000 MOH costs in production 462,000 Direct labor costs in production 336,000 Direct materials ending inventory 24,000 Direct materials beginning inventory 16,000 Direct materials purchases 260,000 Income taxes 74,000 Interest expense 3,000 Selling and administrative expense 812,000 Sales revenue 2,000,000

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