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Question 1 Anderson, Inc, manufactures mountain bikes and indoor exercise equipment. The Company expects to sell 4,100 mountain bikes for $210 cach. Direct materials costs

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Question 1 Anderson, Inc, manufactures mountain bikes and indoor exercise equipment. The Company expects to sell 4,100 mountain bikes for $210 cach. Direct materials costs are $40, direct manufacturing laboris $120, and manufacturing overhead is $70 per mountain bike. The following inventory levels apply to 2020: Beginning inventory Endling inventory Direct materials 3,520 units 2,520 units Work-in-process inventory O units O units Finished goods inventory 325 units 525 units What are the 2020 budgcted production costs for direct materials, direct manufacturing labor, and manufacturing owerhead, respectively? $332,000, 51,079.000 5581.000 $270.000SUCU: $270,000 $290,000:50:$100.00 $290,000, 51.360.000 $90,000 Question 2 Talwar Sales Corp, manufactures Ceramic vase. The Company reports the year-end information from 2020 as follows: Sales (34.250 unitat $290 000 116008 Cos. of Goods Sold Gross Margin Operating Expenses 174000 154. Operating Income Talwar is developing the 2021 budget. In 2020 the Comany would like to increase selling prices by 4.5% and as a result expects a decrease in sales volume of 12%. All other operatire expenses are expected to remain constant Should Talwar increase the selling price in 2020? Nu, linki do $9,359 ur 2020 Yes, because operating income increases to $9,369 for 2020. Yes, because I come increases to $100 torxu Nu, Leliwa $10,4042022

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