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please show the workings Q8) DronezRUs Co., a drone manufacturing company started 2019 with 25 drones in inventory (beginning inventory in 2019). The company then

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Q8) DronezRUs Co., a drone manufacturing company started 2019 with 25 drones in inventory (beginning inventory in 2019). The company then manufactured 65 drones in 2019. In 2020, the company started the year with 10 drones in beginning inventory and manufactured 120 drones in 2020. Ending inventory in 2020 was 30 drones. For both years, the cost to manufacture one drone was $250 and the retail price for each drone was $500. Calculate the following: a) Number of products sold in 2020 (1 pt) b) COGS (in $) in 2019 (1 pt) c) Gross profit (in $) in 2020 (1 pt) d) $ increase in gross profit from 2019 to 2020 (1 pt) 2019 2020 Beginning inventory units units Production (additions to inventory) units units Sales (removals from inventory) units units Ending inventory units units Q8) DronezRUs Co., a drone manufacturing company started 2019 with 25 drones in inventory (beginning inventory in 2019). The company then manufactured 65 drones in 2019. In 2020, the company started the year with 10 drones in beginning inventory and manufactured 120 drones in 2020. Ending inventory in 2020 was 30 drones. For both years, the cost to manufacture one drone was $250 and the retail price for each drone was $500. Calculate the following: a) Number of products sold in 2020 (1 pt) b) COGS (in $) in 2019 (1 pt) c) Gross profit (in $) in 2020 (1 pt) d) $ increase in gross profit from 2019 to 2020 (1 pt) 2019 2020 Beginning inventory units units Production (additions to inventory) units units Sales (removals from inventory) units units Ending inventory units units

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