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question 48

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Use the information below to answer the following question(s) .Fair Score Company manufactures scoreboards for athletic events.It expects to sell 20,000 scoreboards in 2018.The company has enough beginning inventory of direct materials to produce 8,000 units.Beginning work-in-process inventory totals 2,000 units and is 100 percent complete as to material and 50 percent complete as to labour and overhead.Beginning finished units total 4,000 with a target ending finished inventory of 3,000 units.The scoreboards sell for $800.There is no ending work-in-process inventory.Direct materials costs for each scoreboard total $200 while direct labour is $80.Manufacturing overhead is $60 per scoreboard.
-What will be Fair Score Company's budgeted total sales for 2018?


Definitions:

Nucleus

(1) The central region of an atom that contains the protons and neutrons. (2) A cell organelle in eukaryotes that contains the DNA and serves as the control center of the cell. (3) A mass of nerve cell bodies in the central nervous system. Compare with ganglion.

Membrane-Enclosed Organelles

Structures within eukaryotic cells that are surrounded by a lipid bilayer membrane, each performing distinct functions vital to the cell’s operation.

Neurotransmitters

Chemical signals used by neurons to transmit impulses across a synapse.

Digestive Enzymes

Proteins secreted by the digestive system that break down food into nutrients that the body can absorb.

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