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021-09- Yellow Company sets hair products. The following is the selected financial information for the most recent year Beginning merchandise inventory on January 1 was
021-09- Yellow Company sets hair products. The following is the selected financial information for the most recent year Beginning merchandise inventory on January 1 was $33,600. Ending merchandise inventory on December 31 was $36.800 Purchases during the year were $92,500 Selling and administrative expenses were $75,200. Sales for year were $262.600. What was operating income for the year? OA. $97,100 OB $94.900 OC $92,700 OD. 100,300 Screen S 2021-00 Robo Corporation allocates manufacturing overhead to jobs based on direct labor hours. The company has the following estimated costs for the upcoming year Direct materials used Direct labor costs Wages of factory janitors Sales supervisor salary Utilities for factory Rent on factory building Advertising expense $50,500 $70,700 $39,300 $51,500 $16,400 $13,500 $5,080 The company estimates that 1,940 direct labor hours will be worked in the upcoming year, while 1,000 machine hours will be used during the year. The predetermined manufacturing overhead rate pet direct labor hour will be (Round your answer to the nearest cent) OA $127.31. OB 104.84 OC. $35.67 Screen Sh 2021-0001 OD. $41.96 Ending raw materials inventory Beginning raw materials inventory $410 $270 Direct labor $330 Operating expenses $740 Purchases of direct materials $550 Beginning work in process inventory $400 Ending work in process inventory $700 Sales revenue $4,600 Manufacturing overhead $800 Beginning finished goods inventory $310 Ending finished goods inventory $250 What was cost of goods sold? OA $1,580 OB. $1,460 OC. $800 OD. $1,200
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