Answer the Following Questions Using the Information Below

question 2

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 sold in 2012?

• A)$2,312,000
• B)$1,972,000
• C)$2,040,000
• D)$4,800,000

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Definitions:

Consequential stranger

An individual who is not a friend or family member but has a significant impact on one's life through brief or indirect interactions.

Bourgeoisie

Owners; the class of modern capitalists who own the means of production and employ wage laborers.

Primary group

A small, tightly-knit social group characterized by long-term, intimate, and face-to-face relationships, such as family or close friends.

Primary group

A small social group characterized by close, personal, and enduring relationships, such as those between family members and close friends.