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Question 14 The following Information pertains to the Packer Corporation Calculate the cost of goods sold for the period: Beginning Raw Materials $ 30,000 Ending
Question 14 The following Information pertains to the Packer Corporation Calculate the cost of goods sold for the period: Beginning Raw Materials $ 30,000 Ending Raw Materials Beginning Work In Process Inventory 70,000 40,000 46,000 Ending Work in Process Inventory Beginning Finished Goods Inventory 72,000 68,000 Ending Finished Goods Inventory Cost of Goods Manufactured for the period 246,000 $250.000 $290.000 $242.000 $ 258.000 $246.000 Question 15 1 pts Using the information below.calculate gross profit for the period: $ Beginning Raw Materials Inventory Ending Raw Materials Inventory Beginning Work in Process Inventory 25.000 20,000 55,000 Ending Work in Process Inventory 64,000 Beginning Finished Goods Inventory 80.000 Ending Finished Goods Inventory 67,000 Cost of Goods Sold for the period Sales revenues for the period 540,000 1,254,000 232.000 Operatine expenses for the period $714,000 $132.000 $1022,000. $197.000 $727,000
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