Refer to the above, how much would the company report for cost of goods manufactured? *

$77,000

$47,000

$12,000

None of the above

Refer to the above, assume that sales revenue for the year was $45,000 and total period costs were $8,000. The companys gross profit for the year was: *

$18,000

$10,000

$37,000

None of the above

Use the following to answer the questions below x Company had $35.000 of ending finished goods inventory, beginning finished goods inventory was $15,000, and cost of goods sold $27,000