Concord Corporation wants to produce and sell a new flavored water. In order to penetrate the market, the product will have to sell at $2 per 12 oz. bottle. The following data has been collected: Annual sales 56000 bottles Projected selling and administrative $8200 costs Desired profit $70000 The target cost per bottle is O $0.15 O $0.25 O $0.75 O $0.60 Marigold Corp.produces flash drives for computers, which it sells for $20 each. Each flash drive costs $12 of variable costs to make. During April, 1000 drives were sold. Fixed costs for April were $1000. How much is the contribution margin ratio? 40% 30% 70% O 60% Bonita Industries's accounting records reflect the following inventories: Dec 31, 2020 $310000 Dec 31, 2019 $260000 Raw materials inventory Work in process Inventory Finished goods inventory 300000 160000 190000 150000 During 2020, $920000 of raw materials were purchased, direct labor costs amounted to $901800, and manufacturing overhead incurred was $656000 If Bonita Industries's cost of goods manufactured for 2020 amounted to $2287800, its cost of goods sold for the year is O $2147800 $2247800 O $2397800 O $2327800