ior-Lea Connect Connect https:/ewconne nect.html then t, and dragto the Favorites Bar folder. Or import from another browser. Import favorites Saved Renfrow International manufactures and sells a single product. In preparing its master budget for the ce controller has assembled the following information: Units Dollars 180,000 $9,840,ee0 45,60e 33,6e0 Sales (budgeted) Finished goods inventory, beginning of quarter 1,396,800 Finished goods inventory, end of quarter Cost of finished goods manufactured (budgeted manufacturing costs are $40 per unit) Renfrow International used the average cost method of pricing its inventory of finished goods. Required: a. Compute the planned production of finished goods (in units). b. Compute the cost of finished goods manufactured. c. Compute the ending finished goods inventory. (Remember that in using the average cost method you average cost of units available for sale.) d. Compute the cost of goods sold. e. Compute the gross profit a Planned production of finished goods b. Cost of finished goods manufactured C Ending finished goods inventory d. Cost of goods sold units Gross profit Prev 1 of 4 Next> earch