Use the Information Below to Answer the Following Question(s)

question 102

Multiple Choice

Use the information below to answer the following question(s) .
Marguerite Inc.. expects to sell 20,000 pool cues for $20.00 each. Direct materials costs are $2.00, direct manufacturing labour is $12.00, and manufacturing overhead is $0.80 per pool cue. Each pool cue requires 0.5 kilograms (kg) of material which is all added at the start of production. The units in work-in-process beginning and ending inventory were half complete as to direct labour and manufacturing overhead costs; the units in beginning inventory are completed before new units are started.. Each pool cue requires one hour of direct labour, and manufacturing overhead is allocated based on direct labour hours. The following inventory levels are expected to apply to 2012:

-What are the 2012 budgeted costs for direct manufacturing labour?

• A) $248,000
• B) $247,200
• C) $249,000
• D) $246,600
• E) $246,000

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Definitions:

Pocket Veto

A legislative maneuver where the President indirectly vetoes a bill by refusing to sign it into law within ten days, and Congress adjourns during this period.

Congress Adjourns

The official cessation or suspension of the activities of Congress, either temporarily or at the end of a legislative session.

Rules Committee

A legislative committee responsible for determining the rules under which specific bills can be debated, amended, and considered by the house.

Debate Allotted

A specified period of time set aside for discussion, argument, or consideration of various viewpoints on a particular topic.