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I need these 3 questiond 4 pts) The following information pertains to the Emerald Company beginning work-in- process inventory, $75,000; ending work-in-process inventory, $85,000; beginning
I need these 3 questiond
4 pts) The following information pertains to the Emerald Company beginning work-in- process inventory, $75,000; ending work-in-process inventory, $85,000; beginning finished goods inventory. $175,000, ending finished goods inventory, $200,000 cost of goods manufactured, $1,200,000. COGS is: a) $1,185,000 b) $1,225,000 c) $1,210,000 d ) $1,175,000 8. (4 pts) A company reported revenues of $375,000, cost of goods sold of $118,000. selling expenses of $11,000, and total operating costs of $70,000. Gross margin for the year is: a) $176,000 b) $257,000 c) $246,000 d) $252,000 19. (4 pts) Ridez Manufacturing currently produces 1,000 bicycles per month. The following per unit data apply for sales to regular customers. Direct materials, $50, direct manufacturing labor, $8variable manufacturing overhead, $12, fixed manufacturing overhead. $15 total manufacturing costs, $85. The plant has capacity for 3,000 bicycles and is considering expanding production to 2,000 bicycles. The per-unit cost of producing 2,000 bicycles is closest to: a) S78.50 b) $170.00 c) $72.50 d) $77.50Step by Step Solution
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