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

question 92

Multiple Choice

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 2015.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 2015?

• A)$18,400,000
• B)$17,600,000
• C)$16,000,000
• D)$15,200,000
• E)$12,300,000

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Definitions:

Myelination

The process by which axons are coated with a fatty sheath called myelin, increasing the speed at which electrical impulses are conducted.

Delay Gratification

The ability to resist the temptation for an immediate reward and wait for a later reward.

Agreeableness

A personality trait characterized by qualities such as being kind, sympathetic, cooperative, warm, and considerate towards others.

Emotional Stability

A psychological trait that denotes a person's ability to remain calm and composed, showing resilience in the face of stress or adversity.