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Horton Company produces and sells two products: round and square tables. In August 204, the budget projected the following for 20x5: The tables are manufactured
Horton Company produces and sells two products: round and square tables. In August 204, the budget projected the following for 20x5: The tables are manufactured using the following direct materials: Budgeted data for 205 direct materials are: Budgeted data for 205 direct labour and overhead are: Direct labour: Round 4 hours per unit at $6 per hour Square 6 hours per unit at $8 per hour Overhead: $4 per direct labour hour The cost of ending finished goods inventory of round tables for 205 is: $662,500$622,500$562,500$530,000
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