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Answer the following question using the information below. Pederson Company reported the following: Manufacturing costs Units manufactured Units sold Beginning inventory $2,000,000 50,000 47,000
Answer the following question using the information below. Pederson Company reported the following: Manufacturing costs Units manufactured Units sold Beginning inventory $2,000,000 50,000 47,000 units sold for $75 per unit 0 units 44) What is the average manufacturing cost per unit? A) $40.00 B) $42.55 C) $75.50 D) $35.00 E) $42.25 45) What is the amount of gross margin? A) $1,750,000 B) $3,525,000 C) $3,405,000 D) $1,645,000 E) $1,525,000 46) What is the amount of finished goods inventory? A) $2,000,000 B) $12,000 C) $225,000 D) $127,659 E) $120,000
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