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

question 169

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

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Definitions:

Farmers Field LLC

A specific entity or company, potentially involved in real estate, agriculture, or sports facility development. However, without more context, further specificity is not possible.

Grain Co-op

An agricultural cooperative organization owned and operated by farmers for the processing, marketing, or selling of grains.

Misspelled Name

An error in the spelling of a name in a document, which may or may not affect the legality or validity of the document.

Indorse

To sign the back of a financial instrument, such as a check, to make it payable to someone other than the original payee or to endorse a document formally.