Nantucket Industries manufactures and sells two models of watches, Prime and Luxuria. It expects to sell 3,900 units of Prime and 1,000 units of Luxuria in 2020. The following estimates are given for 2020: Prime $200 20 60 80 Luxuria $500 80 Selling price Direct materials Direct labor Manufacturing overhead 180 130 Nantucket had an inventory of 240 units of Prime and 105 units of Luxuria at the end of 2019. It has decided that as a measure to counter stock outages it will maintain ending inventory of 390 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. There were 120 units of Crimpson in stock at the end of 2019.The management does not want to have any stock of Crimpson at the end of 2020. What is the amount budgeted for purchase of Crimpson in 2020? O A. $11,000 B. $11,165 C. $44,550 D. $12,485 Nantucket Industries manufactures and sells two models of watches, Prime and Luxuria. It expects to sell 3,600 units of Prime and 1,400 units of Luxuria in 2020. The following estimates are given for 2020: Selling price Direct materials Prime $200 30 Luxuria $500 100 Direct labor 50 180 Manufacturing overhead 50 140 Nantucket had an inventory of 240 units of Prime and 75 units of Luxuria at the end of 2019. It has decided that as a measure to counter stock outages it will maintain ending inventory of 400 units of Prime and 250 units of Luxuria. Each Luxuria watch requires one unit of Crimpson and has to be imported at a cost of $11. There were 100 units of Crimpson in stock at the end of 2019. The management does not want to have any stock of Crimpson at the end of 2020. What is the total budgeted cost of goods sold for Nantucket Industries in 2020? A. $1,375,000 B. $1,071,400 C. $1,056,000 D. $1,540,000 Nantucket Industries manufactures and sells two models of watches, Prime and Luxuria. It expects to sell 4,000 units of Prime and 1,600 units of Luxuria in 2020. The following estimates are given for 2020: Luxuria Prime $200 20 $500 60 Selling price Direct materials Direct labor Manufacturing overhead 40 170 80 110 Nantucket had an inventory of 220 units of Prime and 125 units of Luxuria at the end of 2019. It has decided that as a measure to counter stock outages it will maintain ending inventory of 380 units of Prime and 220 units of Luxuria. Each Luxuria watch requires one unit of Crimpson and has to be imported at a cost of $13. There were 150 units of Crimpson in stock at the end of 2019. The management does not want to have any stock of Crimpson at the end of 2020. What is the total budgeted cost of goods manufactured in 2020? A. $1,049,300 B. $1,198,900 C. $1,158,700 D. $1,104,000 Furniture, Inc., estimates the following number of mattress sales for the first four months of 2020: Month S2 January February March April Sales 30,000 39,800 28,600 36,200 Finished goods inventory at the end of December is 6,900 units. Target ending finished goods inventory is 30% of the next month's sales. How many mattresses need to be produced in January 2020? A. 35,040 mattresses B. 45,900 mattresses C. 48,840 mattresses D. 32,100 mattresses