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please answer 4-10. thanks ! Answer questions 4-10 using the information below: Fullerton, inc. makes and selk a single snowboard model, the Titan. In the
please answer 4-10. thanks !
Answer questions 4-10 using the information below: Fullerton, inc. makes and selk a single snowboard model, the Titan. In the fall of 2019. Fullerton gathered the following data to prepare budgets for 2020 . CEO expects to sell 2.900 snowboards during 2020 at an estimated retall price of $650 per board. Further, the CEO expects 2020 beginning inventory of 500 snowboards and would like to end 2020 with 200 showboards in stock. The inventoriable unit cost for beginning finished goods inventory on tanuary 1, 2020 is $374,80. Data pertaining to the oirect materials inventories are as follows: Variable manufacturing overhead is $7 per direct labor-hour: manufacturing overhead cots budgeted for 2020. Both variable and foxed overhead costs are allocated based on direct manufacturing labor-hours. Assume Fullerton uses a FIFO inventory method for both direct materials and finished goods. Ignore work in process in your calculations. What are total finished good units to be produced? 4,700 2,600 3,200 4,110 5604,170 486,280 $172,000 $193,000 Question 9 What is the cost of target ending inventories of finished goods? 5976,300 5789,210 1,167,300 5121,430 Question 10 What is the budgeted cost of goods sold for 2020\}? 53,239520 51,639,450 5439070 12,5sen2,000 Step by Step Solution
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