1.The following information pertains to Brady's Tires:

Manufacturing costs

$1,392,000

Units manufactured

40,000

Units sold

30,000 units sold for $85 per unit

Beginning inventory

0 units

What is the average manufacturing cost per unit?

$35.00

$34.80

$46.00

$46.40

$16.18

What is the amount of ending finished goods inventory?

$34,800

$35,000

$46,000

$46,400

$16,3800

What is the amount of gross margin?

$1,500,000

$1,506,000

$1,170,000

$1,158,000

$2,058,00

2. Geraldo Inc. sells several products. Information of average revenue and costs is as follows:

Selling price per unit

$31.00

Variable costs per unit:

Direct material

$4.25

Direct manufacturing labour

$2.15

Manufacturing overhead

$1.64

Selling costs

$1.85

Annual fixed costs

$110,000

The Geraldo Inc. contribution margin ratio is

69.1%

The Geraldo Inc. break-even point in sales dollars is

$154,278.

$154,277.

$154,229.

$154,228.

$154,256.

The Geraldo Inc. break-even point in units is

4,975 units.

4,976 units.

4,990 units.

4,991 units.

4,472 units.