Assume the following from a schedule of cost of goods manufactured: Beginning work in process inventory Ending work in process inventory Beginning raw materials inventory Ending raw materials inventory Purchases of raw materials Indirect materials used in production Direct labor Manufacturing overhead applied to production $ 10,000 $ 16,100 $ 3,000 $ 6,000 $ 38,000 $ 4,000 $ 17,000 $ 32,000 What is the cost of goods manufactured? Multiple Choice $70,100 $86100 $90.100 The information for a company is given below. Degree of operating leverage: Break-even revenue: Variable Expense Ratio: 3 $3,240,000 0.3 Q. What is the net operating income? ANS. $ Q. If a company's profit line relative to its previous position shifts downward and has a steeper slope, which of the following statements is correct about the company's cost structure? Multiple Choice Both variable cost per unit and the total fixed costs decrease Variable cost per unit increases while the total fixed costs decrease. Unit contribution margin decreases while the total fixed costs increase Both unit contribution margin and the total fixed costs increase. Variable cost per unit decreases while the total fined costs remain the same