Accounting records indicate certain balances in inventory accounts. By 1/1/12: Materials inventory, $ 12,000; Inventory of products in process, $ 38,000 and Inventory of finished products, $ 5,000. By 12/31/12: Inventory of materials, $ 25,000; Inventory of products in process, $ 23,000 and Inventory of finished products, $ 8,000. In addition, the conversion costs were $ 484,000 and purchases of raw material $ 120,000 for the year 2012. Taking these data into consideration, the cost of manufactured goods (costs of goods manufactured) for 2012 was:

Response Options Group

$ 591,000

$ 609,000

$ 606,000

$ 603,000

Accounting records indicate certain balances in inventory accounts. By 1/1/12: Materials inventory, $ 12,000; Inventory of products in process, $ 38,000 and Inventory of finished products, $ 5,000. By 12/31/12: Inventory of materials, $ 25,000; Inventory of products in process, $ 23,000 and Inventory of finished products, $ 8,000. In addition, the conversion costs were $ 484,000 and purchases of raw material $ 120,000 for the year 2012. Taking these data into consideration, the cost of goods sold (costs of goods sold) for 2012 was:

Response Options Group

$ 606,000

$ 591,000

$ 603,000

$ 609,000

ABC Corp. adds the materials at the beginning of its production process, the materials and the conversion costs add them evenly. At the beginning of the period, the inventory in process had 60% completion; At the end of the period it had 50% completion. Other important data are: initial inventory of goods in process, 1,600 units; units started during the period, 2,000 and units completed during the period, 3,200. Initial inventory costs are distributed among: materials, $ 150,000, conversion costs, $ 80,000. The costs incurred during the period are distributed among: materials, $ 200,000, conversion costs, $ 260,000. Based on this information, we can say that the cost per unit equivalent in conversion costs for the period is

Response Options Group

$ 81.40

$ 77.80

$ 90

$ 87.50

(for question 3, those are the options given, it would be then try to take it to the nearest amount)