22. Molina Company has beginning and ending work in process inventories of $130,000 and $145.000 respectively. If total manufacturing costs are $650,000, what is the total cost of goods manufactured? A) $780,000 B) $795,000 C) $635,000 D) $665,000 23. Given the following data for Harder Company, compute cost of goods manufactured: Direct materials used $120,000 Beginning work in process $20,000 Direct labor 200.000 Ending work in process 10,000 Manufacturing overhead 150,000 Beginning finished goods 25,000 Operating expenses 175,000 Ending finished goods 15,000 A) $460,000 B) $470,000 C) $480,000 D) $490,000 1. 24. Which of the following costs are variable? Cost 10.000 Units 30.000 Units $100,000 $300,000 40,000 240.000 90,000 90,000 50,000 150,000 A) 1 and 2 B) 1 and 4 C) only 1 D) only 2 25. Dunbar Manufacturing's variable costs are 30% of sales. The company is contemplating an advertising campaign that will cost $44.000. If sales are expected to increase $80,000, by how much will the company's net income increase? A) $36.000 B) S56,000 C) $24.000 $12,000 D) Page 5 Version 2 22. Molina Company has beginning and ending work in process inventories of $130,000 and $145.000 respectively. If total manufacturing costs are $650,000, what is the total cost of goods manufactured? A) $780,000 B) $795,000 C) $635,000 D) $665,000 23. Given the following data for Harder Company, compute cost of goods manufactured: Direct materials used $120,000 Beginning work in process $20,000 Direct labor 200.000 Ending work in process 10,000 Manufacturing overhead 150,000 Beginning finished goods 25,000 Operating expenses 175,000 Ending finished goods 15,000 A) $460,000 B) $470,000 C) $480,000 D) $490,000 1. 24. Which of the following costs are variable? Cost 10.000 Units 30.000 Units $100,000 $300,000 40,000 240.000 90,000 90,000 50,000 150,000 A) 1 and 2 B) 1 and 4 C) only 1 D) only 2 25. Dunbar Manufacturing's variable costs are 30% of sales. The company is contemplating an advertising campaign that will cost $44.000. If sales are expected to increase $80,000, by how much will the company's net income increase? A) $36.000 B) S56,000 C) $24.000 $12,000 D) Page 5 Version 2