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Nantucket Industries manufactures and sells two models of watches, Prime and Luxuria. It expects to sell 3,800 units of Prime and 1,400 units of Luxuria
Nantucket Industries manufactures and sells two models of watches, Prime and Luxuria. It expects to sell 3,800 units of Prime and 1,400 units of Luxuria in 2019. The following estimates are given for 2019: Prime $200 Luxuria $500 40 80 Selling price Direct materials Direct labor Manufacturing overhead 50 180 130 Nantucket had an inventory of 250 units of Prime and 75 units of Luxuria at the end of 2018. It has decided that as a measure to counter stock outages it will maintain ending inventory of 380 units of Prime and 240 units of Luxuria. Each Luxuria watch requires one unit of Crimpson and has to be imported at a cost of $11.00. There were 110 units of Crimpson in stock at the end of 2018. The management does not want to have any stock of Crimpson at the end of 2019. What is the total budgeted cost of goods manufactured in 2019? O A. $1,199,850 OB. $1,219,350 OC. $1,116,000 OD. $1,032,150
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