Berrys Co. reports the following information for January

Office salaries$ 25,000Advertising expense$ 13,000Material Inventory, January 1$ 39,000Direct Labor expense$ 30,000Material Inventory, January 31$ 38,000Office Supplies$ 1,000Sales$118,000WIP Inventory, January 1$ 12,000Material purchased$16,000Finished Goods Inventory, January 1$24,000Depreciation on factory machine$12,000Finished Goods Inventory, January 31$22,000Factory utilities$6,000Factory rent$17,000WIP Inventory, January 31$16,000Units completed5,600

Determine the cost of materials used in January?

Options:

1. 17,000 ;
2. 38,000;
3. 55,000;
4. 82,000

Determine the COGM for January?

Options:

1. 76,000;
2. 78,000;
3. 80,000;
4. 94,000

Determine the Cost of Goods Sold for January?

Options:

1. 76,000;
2. 78,000;
3. 80,000;
4. 94,000

Determine the Net Income (ignoring taxes) for January?

Options:

1. (1,000);
2. 1,000;
3. 38,000;
4. 39,000

Compute the unit cost for January (round to 2 decimal places)

Options:

1. $14.64;
2. $13.93;
3. $14.11;
4. $14.82