5 points Save Answer QUESTION 27 Figure 2-1. Concam Inc. manufactures television sets. Last month direct materials (electronic components, etc.) costing 5500.000 were put into production Direct labor of $800,000 was incurred, overhead equaled $450,000, and selling and administrative costs totaled $360,000. The company manufactured 8,000 television sets during the month. Assume that there were no beginning or ending work in process balances. Refer to Figure 2-1. The total product costs for last month were $1.750,000 $2,110,000 $1,300,000 $1,250,000 5 points QUESTION 28 Figure 24 Junko Company makes financial calculators. During the year Junko manufactured 97.000 financial calculators. Finished goods inventory had the following units on hand: January 1 1,200 December 31 1,040 Refer to Figure 2-4. If each financial calculator has a per un product cost of $112. what was the cost of goods sold last year? 110,864.000 110,339,360 $11,005.120 5108,640 QUESTION 29 Using the information from question 28 (previous question). Please answer the following true or false question Junko Company made more goods then they sold during the year. True False QUESTION 30 5 Figure 2.5 In July, Econo Company purchased materials costing 521,000 and incurred direct labor cost of 518,000. Overhead totaled $32,000 for the month Information on inventories was as follows: July 1 July 31 Materials $6,200 57.100 Work in process $ 700 $1,200 Finished goods $3.300 $2.700 Refer to Figure 2.5. What was the cost of goods sold for July 570.200 $69.600 $71,300 $71.100 5 points QUESTION 30 Figure 2.5 In july. Econo Company purchased materials costing 521.000 and incurred direct labor cost of $18.000 Overhead totaled 32.000 for the month Information on inventories was as follows 1 Materials $200 52,100 Work in process 5 700 51200 Finished goods 5300 $2.700 Refer to gure 2.5 What was the cost of goods sold for July 170,200 $69.000 171.100 171.100 QUESTION 31 points Wildcat Company supplies the following data at the end of the current year Finished goods invertory, January 1 $8.000 Finished goods inventory, December 31 Cost of goods manufactured 120,000 Sales revenue 460.000 Sales commissions 80.000 Research and development costs 125,000 6.000 What is the gross margin 5340,000 5338.000 $260.000 $135.000 1 points QUESTION 32 Using the information from problem 31. W the company sold a total of 1,000 units during the year what was the sale pre per 5340 5460 5500