Elton, Inc., expects to sell 6,000 ceramic vases for $40 each. Direct materials costs are $4, direct manufacturing labor is $20, and manufacturing overhead is $6 per vase. The following inventory levels apply to 2014: Ending inventory 1,000 units 0 units Beginning inventory 1,000 units 0 units Direct materials Work-in-process inventory Finished goods inventory 400 units 500 units On the 2015-budgeted income statement, what amount will be reported for sales (show computations)? How many ceramic vases need to be produced in 2015 (show computations)? On the 2015-budgeted income statement, what amount will be reported for cost of goods sold (show computations)? What are the 2015 budgeted costs for (show computations) Direct materials Direct manufacturing labor Manufacturing overhead Answer: $183,000