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QUESTION 13 Below is information from Backwards Glances, Corp. for the current period: Raw materials inventory, beginning balance $ 201,300 Raw materials inventory, ending balance
QUESTION 13 Below is information from Backwards Glances, Corp. for the current period: Raw materials inventory, beginning balance $ 201,300 Raw materials inventory, ending balance $213,700 Raw materials used during the period: $858,900 What is the amount of raw materials the firm purchased during the period? O a. $846,500 ob. $1,072,600 OC. $657,600 O d. $858,900 o e $871,300 QUESTION 14 Tomorrow, Ltd. sells its product at a price of $72 per unit and has $33 in per unit variable costs. The company's total fixed costs are $209,400. What is the firm's break-even point in units (rounded up to the nearest whole unit)? O a. 6,346 b. None of the other choices are correct OC. 5,370 od 1,005 o e. 2,909 QUESTION 15 The Brewing Department for Gaudi, Ltd. began the current period with a beginning Work in Process (WIP) inventory balance of $71,800. During the period, the Brewing Department was assigned the following costs related to units started during the period: direct materials used, $101,000; direct labor used, $134,000; and factory overhead applied, $150,000. Also, during the period, completed units with a cost of $414,200 were transferred out of the Brewing Department to the next department in the process. Based on this information, what would the ending WIP inventory balance for the Brewing Department be as of the end of the current period? a. $385,000 Ob. $71,800 OC. $42,600 od. $101,000 . $29,200
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