The Bay Manufacturing Company expects to sell 25,000 pens at $26 each.The direct material costs are $5 and direct manufacturing labor is $9,and manufacturing overhead is $1.80 per pen.The following inventory levels apply to 2012:

On the 2013 budgeted income statement,what amount will be reported for sales? How many pencils need to be produced in 2013? Compute the amount of cost of goods sold on the 2013 budgeted income statement.

Question

The Bay Manufacturing Company expects to sell 25,000 pens at $26 each.The direct material costs are $5 and direct manufacturing labor is $9,and manufacturing overhead is $1.80 per pen.The following inventory levels apply to 2012:
  
On the 2013 budgeted income statement,what amount will be reported for sales? How many pencils need to be produced in 2013? Compute the amount of cost of goods sold on the 2013 budgeted income statement.

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The Answer of The Bay Manufacturing Company expects to sell 25,000 pens at $26 each.The direct material costs are $5 and direct manufacturing labor is $9,and manufacturing overhead is $1.80 per pen.The following inventory levels apply to 2012:
  
On the 2013 budgeted income statement,what amount will be reported for sales? How many pencils need to be produced in 2013? Compute the amount of cost of goods sold on the 2013 budgeted income statement.

The Bay Manufacturing Company Expects to Sell 25,000 Pens at $26