17. The total cost of ending work-in-process is:

(A) $352,000

(B) $292,000

(C) $264,000

(D) $240,000

Questions 18 to 20 are based on the following Joel Company sells only one product. Managers estimate that the company will sell 35,000 units of the product each month. The relevant information about the product line of Joel Company appears below:

Selling price $150.00 per unit

Variable expenses $ 90.00 per unit

Total fixed expenses $240,000 per month

18. The breakeven sales in units would be

(A) 1,600

(B) 1,000

(C) 2,670

(D) 4,000

19. If Joel Companys fixed expenses could be decreased by $20,000, the new breakeven dollar sales would be

(A) $88,000

(B) $366,670

(C) $550,000

(D) $132,000

20. Joel Companys goal for the month is to earn a target operating income of $300,000. How many units must be sold to achieve this goal?

(A) 5,0000 units

(B) 6,000 units

(C) 3,600 units

(D) 9,000 units