First Class, Inc

Multiple Choice

First Class, Inc., expects to sell 22,000 pool cues for $12 each. Direct materials costs are $3, direct manufacturing labor is $4, and manufacturing overhead is $0.84 per pool cue. The following inventory levels apply to 2019:

On the 2019 budgeted income statement, what amount will be reported for sales?

A) $277,200
B) $264,000
C) $396,000
D) $409,200