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First Class, Inc., expects to sell 24,000 pool cues for $13.00 each. Direct materials costs are $3.00, direct manufacturing labor is $4.00, and manufacturing
First Class, Inc., expects to sell 24,000 pool cues for $13.00 each. Direct materials costs are $3.00, direct manufacturing labor is $4.00, and manufacturing overhead is $0.86 per pool cue. The following inventory levels apply to 2019: Direct materials Work-in-process inventory. Finished goods inventory Beginning inventory 25,000 units O units 1,700 units On the 2019 budgeted income statement, what amount will be reported for cost of goods sold? OA. $188,640 OB. $175,278 OC. $215,364 OD. $202,002 C Ending inventory 25,000 units O units 3,400 units
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