Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Bradford, Inc, expects to sell 16,000 ceramic vases for $21 each. Direct materials costs are $4, direct manufacturing labor is $10, and ma Beginning inventory
Bradford, Inc, expects to sell 16,000 ceramic vases for $21 each. Direct materials costs are $4, direct manufacturing labor is $10, and ma Beginning inventory Ending inventory Direct materials 6,000 units 6,000 units Work-in-process inventory O units O units Finished goods inventory 100 units 500 units On the 2020 budgeted income statement, what amount will be reported for cost of goods sold? GO O A $280,800 O B. $295, 200 OC $396,000 OD. $288,000 Buford, wc, expects to sell 16.000 ceramic vmes for $21aach. Direct materiale costs are 54, drect marutacturing tuber is 110, and manufacturing overeed 4 per vom. The following every 2800 Beginning Inventory Ending inventory Directa 6,000 units 6,000 Work in process inventory units Out Finished goods inventory 100 unite 500 units On the 2020 budgeted income statement, what amount will be reported for cent of gooch so? OA $200,000 OD 205,200 OG 5800,000 OD 5200,000
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started