Question
2. What was the amount of raw materials used in production during September 2020? * 5 points $5,000 $245,000 $735,000 $745,000 None of the above
2. What was the amount of raw materials used in production during September 2020? *
5 points
$5,000
$245,000
$735,000
$745,000
None of the above
3. What was the amount of total work in process for September 2020? *
5 points
$30,000
$745,000
$755,000
$765,000
None of the above
4. What was the amount of cost of goods manufactured for September 2020? *
5 points
$735,000
$755,000
$765,000
$770,000
None of the above
5. What was the amount of total selling costs for September 2020? *
5 points
$290,000
$640,000
$940,000
$1,500,000
None of the above
6. What was the amount of total period costs for September 2020? *
5 points
$445,000
$640,000
$745,000
$1,385,000
None of the above
7. What was the amount of total product costs for September 2020? *
5 points
$445,000
$640,000
$745,000
$1,385,000
None of the above
8. What was the amount of total prime costs for September 2020? *
5 points
$445,000
$640,000
$745,000
$1,385,000
None of the above
9. What was the amount of total conversion costs for September 2020? *
5 points
$445,000
$500,000
$640,000
$745,000
None of the above
10. What was the amount of cost of goods sold for September 2020? *
5 points
$735,000
$745,000
$755,000
$765,000
None of the above
$50,000 10,000 170,000 $55,000 20,000 150,000 Inventories (Beginning): Raw Materials Work in Process Finished Goods Inventories (Ending): Raw Materials Work in Process Finished Goods Additional Information: Administrative Expenses Direct Labor Indirect Labor Indirect Materials Marketing Costs Purchases of Raw Materials Sales Sales Commissions $350,000 200,000 100,000 200,000 275,000 250,000 1,500,000 15,000Step by Step Solution
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