A company's sales in Year 1 were $420,000 and in Year 2 were $457,500. Using Year 1 as the base year, the percent change for Year 2 compared to the base year is:

Multiple Choice

• 10%.

• 8%.

• 92%.

• 9%.

• 100%.

Using the information below, calculate cost of goods sold for the period:

Sales revenues for the period	$	1,321,000
Operating expenses for the period		256,000
Finished Goods Inventory, January 1		53,000
Finished Goods Inventory, December 31		58,000
Cost of goods manufactured for the period		557,000

Multiple Choice

• $808,000.

• $803,000.

• $513,000.

• $552,000.

• $397,000.