Sh14Please help me. Thankyou. Bradford, Inc., expects to sell 14,000 ceramic vases for $21 each. Direct materials costs are $2, direct manufacturing labor is $12, and manufacturing overhead is $3 pervase. The following inventory levels apply to 2020:Beginninginventory5,000 unitsEnding Inventory5,000 unitsDirect materialsWork-in-process inventory0 units0 unitsFinished goods inventory100 units700 unitsOn the 2020 budgeted income statement, what amount will be reported for sales?OA $399,000OB. $306,600OC. $294,000OD. $281,400ID

Income Statement: It is a part of financial statement of a company in which revenue and expenses are…

Bradford, Inc., expects to sell 14,000 ceramic vases for $21 each. Direct materials costs are $2, vase. The following inventory levels apply to 2020: Beginning inventory 5,000 units 0 units 100 units OA $399,000 OB. $306,600 OC. $294,000 OD. $281,400 Ending inventory 5,000 units 0 units 700 units Direct materials Work-in-process inventory Finished goods inventory On the 2020 budgeted income statement, what amount will be reported for sales? CIT

Bradford, Inc., expects to sell 14,000 ceramic vases for $21 each. Direct materials costs are $2, vase. The following inventory levels apply to 2020: Beginning inventory 5,000 units 0 units 100 units OA $399,000 OB. $306,600 OC. $294,000 OD. $281,400 Ending inventory 5,000 units 0 units 700 units Direct materials Work-in-process inventory Finished goods inventory On the 2020 budgeted income statement, what amount will be reported for sales? CIT

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter7: Budgeting

Section: Chapter Questions

Problem 2EB: How many units are in beginning inventory if 32,000 units are budgeted for sales, 35,000 units are...

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How many units are in beginning inventory if 32,000 units are budgeted for sales, 35,000 units are produced, and the desired ending inventory is 9,000 units?
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