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

question 79

Multiple Choice

Use the information below to answer the following question(s) .
Berry's Boxes manufactures boxes.It expects to sell 20,000 boxes in 2015.The company had enough beginning inventory of direct materials to produce 24,000 units.Beginning inventory of finished units totalled 2,000 with a target ending inventory of 2,500 units.The boxes sell for $3.00 and the company keeps no work-in-process inventory.Direct materials costs for each box total $1.00 while direct labour is $0.50.Factory overhead is $0.20 per box.
-What will be Berry's Boxes production costs incurred for direct materials,direct manufacturing labour,and manufacturing overhead,respectively,for 2015?

• A)$20,500;$10,250;$4,100
• B)$19,500;$9,750;$3,900
• C)$10,000;$5,000;$4,000
• D)$22,500;11,250;$4,500
• E)$12,000;$6,000;$4,800

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Definitions:

Mean

The mean of a collection of numbers, determined by dividing their total sum by the count of the numbers.

Standard Deviation

A gauge for the level of dispersion or spread within a set of data points, indicating the magnitude of deviation from the mean.

Standard Normal Distribution

A specific type of normal distribution with a mean of 0 and a standard deviation of 1, used in many areas of statistical analysis.

Mean

The arithmetic average of a set of values, calculated by adding them together and dividing by the number of terms.