Question
3. What is the amount of total manufacturing costs for last month? * $93,000 $142,000 $226,000 $673,000 None of the above 4. What is the
3. What is the amount of total manufacturing costs for last month? *
$93,000
$142,000
$226,000
$673,000
None of the above
4. What is the amount of cost of goods manufactured for last month? *
$89,000
$138,000
$222,000
$226,000
None of the above
5. What is the amount of cost of goods sold for last month? *
$146,000
$218,000
$222,000
$230,000
None of the above
6. What is the amount of total conversion costs for last month? *
$133,000
$142,000
$177,000
$226,000
None of the above
7. What is the amount of gross profit for last month? *
$50,000
$140,000
$148,000
$280,000
None of the above
Inventories Raw Materials Work-in-Process Finished Goods Beginning $50,000 21,000 51,000 Ending $37,000 25,000 43,000 Item Administrative Expenses Depreciation of Production Equipment Direct Labor Factory Utilities Indirect Labor Indirect Materials Purchases of Raw Materials Sales Selling Expenses Amount $57,000 15,000 49,000 10,000 26,000 42,000 71,000 370,000 33,000Step by Step Solution
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