10. What is the amount of raw materials used in production during the year? *

6 points

$99,000

$130,000

$293,000

$828,000

None of the above

11. What is the amount of cost of goods manufactured? *

6 points

$123,000

$187,000

$286,000

$293,000

None of the above

12. What is the amount of cost of goods sold? *

6 points

$201,000

$279,000

$286,000

$300,000

None of the above

13. What is the amount of total work-in-process? *

6 points

$71,000

$226,000

$325,000

$332,000

None of the above

14. What is the amount of total conversion costs? *

6 points

$163,000

$194,000

$229,000

$293,000

None of the above

15. What is the amount of gross profit? *

6 points

$36,000

$145,000

$159,000

$336,000

None of the above

Inventories Raw Materials Work-in-Process Finished Goods Beginning $63,000 32,000 65,000 Ending $44,000 39,000 51,000 Additional Information Administrative Expenses Direct Labor Manufacturing Overhead Purchases of Raw Materials Sales Selling Expenses $68,000 64,000 130,000 80,000 445,000 41,000