1. Seller Company has the following information:

	Work-in-Process		Finished Goods		Materials
Beginning inventory	$	550	$	650	$	750
Ending inventory		950		1,150		2,000
Purchases of material (net)	$	20,200
Cost of Goods Sold	$	25,600
Manufacturing overhead	$	6,300

What was the cost of goods available for sale for the period?

A) $27,300

B) $25,350

C) $26,750

D) $26,100

2. Laner Company has the following data for the production and sale of 2,500 units.

Sales price		$	760.00	per unit
Fixed costs:
Marketing and administrative		$	280,000	per period
Manufacturing overhead		$	140,000	per period
Variable costs:
Marketing and administrative		$	47.50	per unit
Manufacturing overhead		$	76.00	per unit
Direct labor		$	95.00	per unit
Direct material		$	190.00	per unit

What is the variable manufacturing cost per unit?

A) $408.50

B) $361.00

C) $576.50

D) $417.00

3. Laner Company has the following data for the production and sale of 2,500 units.

Sales price		$	700.00	per unit
Fixed costs:
Marketing and administrative		$	250,000	per period
Manufacturing overhead		$	125,000	per period
Variable costs:
Marketing and administrative		$	43.75	per unit
Manufacturing overhead		$	70.00	per unit
Direct labor		$	87.50	per unit
Direct material		$	175.00	per unit

What is the full cost per unit of making and selling the product?

A) $638.75

B) $376.25

C) $332.50

D) $526.25

4. Laner Company has the following data for the production and sale of 2,000 units.

Sales price		$	640.00	per unit
Fixed costs:
Marketing and administrative		$	250,000	per period
Manufacturing overhead		$	125,000	per period
Variable costs:
Marketing and administrative		$	40.00	per unit
Manufacturing overhead		$	64.00	per unit
Direct labor		$	80.00	per unit
Direct material		$	160.00	per unit

What is the conversion cost per unit?

A) $206.50

B) $269.00

C) $80.00

D) $144.00