4. Delta Merchandising, Inc., has provided the following information for the year jus Net Sales $128,500 Beginning Inventory $24,000 Purchases $80,000 Gross Margin $38,550 What was the ending inventory for the company at year-end? $65,450 $24,500 $14,050 $9,950 5. What does the term "relevant range" mean? The range within which costs may fluctuate The range within which the relevant costs are incurred The range within which production may vary The range within which a particular cost formula is valid What will be the result from an increase in the activity level within the relevant ran A) An increase in fixed cost per unit A proportionate increase in total fixed costs An unchanged fixed cost per unit A decrease in fixed cost per unit WZ Inc, sells a single product for $10 per unit. Variable production costs are $5 ent $10,000 per month. Variable selling costs are $2 per unit. Fixed selling cos the company produced 10,000 units and sold 8,000 units. What were XYZ's $80,000 $21,000 $15,000 $13,000 20 - Acsenda