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:
-What are the 2012 budgeted costs for direct materials, direct manufacturing labor, and manufacturing overhead, respectively?
A) $24,400; $122,000; $36,600
B) $24,000; $120,000; $36,000
C) $4,000; $20,000; $6,000
D) $4,000; $0; $9,000
Correct Answer:
Verified
Q41: The revenues budget identifies _.
A) expected cash
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Q54: The order to follow when preparing the
Q57: Operating budgets include the:
A)budgeted balance sheet
B)budgeted income
Q61: Budgeted manufacturing overhead costs include all types
Q63: Answer the following questions using the information
Q64: Direct material purchases equal:
A)production needs
B)production needs plus
Q65: The direct materials usage budget is based
Q66: Answer the following questions using the information
Q67: Answer the following questions using the information
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