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Question 1 0/11 pts Daniel, Inc., plans to produce 6600 ceramic vases. The planned selling price is $2. Total budgeted FMOH is $6600. Information
Question 1 0/11 pts Daniel, Inc., plans to produce 6600 ceramic vases. The planned selling price is $2. Total budgeted FMOH is $6600. Information regarding the budgeted variable costs are given below: Input standard Price standard Direct materials 2 lbs $1.50 /lb Direct labor 1 hr $10/hr Variable MOH 1 hr $2/hr Fixed MOH Hint: Add Fixed MOH per unit produced (budgeted FMOH/ budgeted production) The following inventory levels apply to 20X4: Beginning inventory Ending inventory Direct materials 1000 lbs WIP O units 12000 lbs O units Finished goods 400 vases 600 vases What is the budgeted revenue? er 12,800
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