13) Combs, Inc., reports the following information for September. Sales $15,000 Variable costs 3,000 Fixed costs 4,000 Operating income $8,000 Required: If sales double in October, what is the projected operating income? Answer: Use the information below to answer the following question(s). The following information pertains to Payton's Shoe Manufacturing: Manufacturing costs Shoes manufactured Beginning inventory $1,000,000 100,000 0 pairs 99,500 pairs of shoes are sold during the year for $18. 14) What is Payton's manufacturing cost per pair of shoes? A) $10.00 B) $10.05 C) $100.00 D) $18.00 E) $9.95 15) What is the amount of Payton's ending finished goods inventory? A) $99,500 B) $8,000 C) $5,000 D) $500 E) $0 16) The following information pertains to the Stratford Company: Beginning finished goods inventory $60,000 Cost of goods manufactured 410,000 Ending finished goods inventory 34,000 What is the cost of goods sold? A) $436,000 B) $384,000 C) $376,000 D) $316,000 E) $444,000