Question 21 (3 points)

Use the following data to calculate the cost of goods sold for the period:

Beginning Raw Materials Inventory$ 30,200Ending Raw Materials Inventory70,200Beginning Work in Process Inventory40,200Ending Work in Process Inventory46,200Beginning Finished Goods Inventory72,200Ending Finished Goods Inventory68,200Cost of Goods Manufactured246,200

Question 21 options:

$258,200. $250,200. $242,200. $290,200. $246,200.

Question 22 (3 points)

Calculate the cost of goods manufactured using the following information:

Direct materials used$ 299,800Direct labor133,300Total factory overhead265,300General and administrative expenses86,800Selling expenses50,100Work in Process inventory, beginning119,800Work in Process inventory, ending127,200Finished goods inventory, beginning233,400Finished goods inventory, ending240,000

Question 22 options:

$684,400. $698,400. $705,800. $777,800. $691,000