Answer the Following Questions Using the Information Below

question 72

Multiple Choice

Answer the following questions using the information below:
Beat, Inc., expects to sell 60,000 athletic uniforms for $80 each in 2012. Direct materials costs are $20, direct manufacturing labor is $8, and manufacturing overhead is $6 for each uniform. The following inventory levels apply to 2011:

-What is the amount budgeted for cost of goods manufactured in 2012?

• A)$2,040,000
• B)$1,972,000
• C)$2,312,000
• D)$2,380,000

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