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QElton, Inc., expects to sell 6,000 ceramic vases for $40 each. Direct materials costs are $4, direct manufacturing labor is $20, and manufacturing overhead is

QElton, Inc., expects to sell 6,000 ceramic vases for $40 each. Direct materials costs are $4, direct manufacturing labor is $20, and manufacturing overhead is $6 per vase. The following inventory levels apply to 2016: Beginning inventory Ending inventory Direct materials 1,000 units 1,000 units Work-in-process inventory 0 units 0 units Finished goods inventory 500 units 400 units

What are the 2016 total budgeted manufacturing costs for direct materials, direct manufacturing labor, and manufacturing overhead, respectively?

$24,000; $120,000; $36,000

$4,000; $20,000; $6,000

$23,600; $118,000; $35,400

$4,000; $0; $9,000

On the 2016 budgeted income statement, what amount will be reported for cost of goods sold?

$180,000

$183,000

$210,000

$177,000

How many ceramic vases need to be produced in 2016?

6,000 vases

7,000 vases

6,100 vases

5,900 vases

On the 2016 budgeted income statement, what amount will be reported for sales?

$280,000

$236,000

$240,000

$244,000

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