A) Kennedy Inc has $20,000 of ending finished goods inventory as of Dec 31, 2013. If beginning finished goods inventory was $10,000 and COGS was $50,000, how much would Kennedy report for cost of goods manufactured.

B) Southern Inc. has the following income statement (in millions)

Net Sales $300

COGS $180

Gross Profit 120

Operating exp 45

Net Income 75

using vertical analysis what percentage is assigned to Net Income?

C) Dexter Inc accounting records reflect the following inventories:

Dec 31, 2017 Dec 31, 2016

Raw materials inventory $310,000 $260,000

Work in process inventory 300,000 160,000

Finished goods inventory 190,000 150,000

During 2017 $800,000 of raw materials were purchased, direct labor costs amounted to $670,000 and manufacturing overhead incurred was $640,000. The total raw materials available for use during 2017 for Dexter is?