10) The following information pertains to the Emerald Corp: Beginning work-in-process inventory Ending work-in-process inventory Beginning finished goods inventory Ending finished goods inventory Cost of goods manufactured contro $75,000 85,000 175,000 200,000 1,200,000 What is cost of goods sold? A) $1,225,000 B) $1,185,00 C) $1,210,000 D) S1,175,000 11) A nonprofit organization aids the unemployed by supplementing their incomes by $5,000 anually, while they seek new employment skills. The organization has fixed costs of $200,000 and the budgeted appropriation for the year totals $700,000. How many individuals can receive financial assistance this year? A) 115 people B) 100 people C) 95 people D) 110 people 12) Frazer Corp sells several products. Information of average revenue and costs is as follows: $28.50 Selling price per unit Variable costs per unit: Direct material Direct manufacturing labor Manufacturing overhead Selling costs $5.50 $1.15 $0.85 $2.50 $125,000 Annual fixed costs If the company decides to lower its selling price by i 2.25%, the operating income is reduced by B) $55,500 C) $29,500 D) $50,500 A) $52,500