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QUESTION 11 Manama Company reported the following: Manufacturing costs $2,000,000 Units manufactured 50,000; Units sold 47,000, selling price per unit $75; Beginning inventory O units.
QUESTION 11 Manama Company reported the following: Manufacturing costs $2,000,000 Units manufactured 50,000; Units sold 47,000, selling price per unit $75; Beginning inventory O units. What is the amount of gross margin? $1,750,000 $3,525,000 $5,405,000 $1,645,000 QUESTION 12 The following information pertains to the Bahrain Corporation: Beginning work-in-process inventory $20,000; Ending work in process Inventory $23,000; Beginning finished goods inventory $36,000; Ending finished goods inventory $34,000; Cost of goods manufactured $246,000. What is cost of goods sold? $244,000 $248.000 $243,000 $249,000
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