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Question 5 ( 6 points ) . Kason, Inc., expects to sell 2 0 , 0 0 0 pool cues for $ 2 4 each

Question 5(6 points).Kason, Inc., expects to sell 20,000 pool cues for $24 each Direct materials costs are $4, direct manufacturing labor is $8., and manufacturing overhead is $1.60 per pool cue. The following inventory levels apply to 2011:Direct materialsWork-in-process inventoryFinished goods inventoryBeginning inventoryEnding inventory24,000 units24,000 units0 units0 units2,000 units2,500 unitsRequired:1- On the 2012 budgeted income statement, what amount will be reported for sales?2- How many pool cues need to be produced in 2012?3- On the 2012 budgeted income statement, what amount will be reported for cost of goods4- Compute the 2012 budgeted costs forA- direct materials,B- direct manufacturing labor,C- direct manufacturing labor?

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