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Answer the Following Questions Using the Information Below:
Kason, Inc

question 155

Multiple Choice

Answer the following questions using the information below:
Kason, Inc., expects to sell 20,000 pool cues for $12.00 each. Direct materials costs are $2.00, direct manufacturing labor is $4.00, and manufacturing overhead is $0.80 per pool cue. The following inventory levels apply to 2016:
 Beginning inventory  Ending inventory  Direct materials 24,000 units 24,000 units  Work-in-process inventory 0 units 0 units  Finished goods inventory 2,000 units 2,500 units \begin{array} { l r r } & \text { Beginning inventory } & \text { Ending inventory } \\\text { Direct materials } & 24,000 \text { units } & 24,000 \text { units } \\\text { Work-in-process inventory } & 0 \text { units } & 0 \text { units } \\\text { Finished goods inventory } & 2,000 \text { units } & 2,500 \text { units }\end{array}
-What are the 2016 budgeted costs for direct materials,direct manufacturing labor,and manufacturing overhead,respectively?

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Definitions:

Agency Action

Any action taken by a governmental agency, ranging from rule-making to enforcement and adjudication.

Unsubstantiated

Lacking adequate support, proof, or confirmation, often used in the context of claims or allegations that have not been verified.

Substantial Evidence

Evidence that is adequate and sufficient to support a conclusion or the finding of a fact in legal proceedings, more than a mere scintilla but less than a preponderance.

Formal Agency Adjudications

A process within administrative agencies where disputes are settled, similar to a trial but less formal, involving hearings before an administrative law judge.

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