Answer the following questions using the information below:
Elton, Inc., expects to sell 6,000 ceramic vases for $40 each. Direct materials costs are $4, direct manufacturing labor is $20, and manufacturing overhead is $6 per vase. The following inventory levels apply to 2011:

-On the 2012 budgeted income statement, what amount will be reported for sales?
A) $244,000
B) $236,000
C) $280,000
D) $240,000
Correct Answer:
Verified
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