1. (12) In July, I started making 1 unit of a product. I spent $400, but it was not finished.

   In August, I finished the unit which was started in July. For that unit, I incurred another $100. Also, I started making 3 more units. Of those 3 units, 2 were finished and 1 unit was not. For the 2 finished units, I incurred $500 each. For the 1 unfinished unit, I incurred $120. For August, my Cost of Goods Manufactured was:

   	A.	$1,620
   	B.	$1,100
   	C.	$1,220
   	D.	$1,500

0.8 points

QUESTION 13

1. (13) I made a product at a cost of $120. I incurred a $10 cost in advertising the product. Then, I sold the product at a price of $180. My Cost of Goods Sold was:

   	A.	$60
   	B.	$120
   	C.	$50
   	D.	$130