Question 8 (3.5 points)

Towson Manufacturing had a Work in Process balance of $126,000 on January 1, 2018. The year end balance of Work in Process was $64,000 and the Cost of Goods Manufactured was $815,000. Use this information to determine the total manufacturing costs incurred during the fiscal year 2018. (Round enter as whole dollars only.)

Question 9 (3.5 points)

During FY 2018, Towson Manufacturing had a beginning finished goods inventory of $22,000 & ending finished goods inventory of $15,500. Beginning work-in-process was $14,000 and ending work-in-process was 12,500. Factory overhead was $22,500. The total manufacturing costs amounted to $286,000. Use this information to determine the FY 2018 Cost of Goods Sold. (Round enter as whole dollars only.)

Question 10 (3.5 points)

During FY 2019, Dorchester Company plans to sell Widgets for $13 a unit. Current variable costs are $4 a unit and fixed costs are expected to total of $116,000. Use this information to determine the number of units of Widgets for Dorchester to breakeven. (Round to the nearest whole number)