Tenneson Corporation's cost of goods manufactured for the just completed month was $151,000 and its inventories were as follows: Beginning Ending $ 63,000 $ 66,000 Work in process inventory Finished goods inventory $ 34,000 $ 48,000 How much was the cost of goods available for sale on the Schedule of Cost of Goods Sold? Select one: O a. $151,000 b. $185,000 c. $137,000 O d. $136,000 The following costs were incurred in May: Direct materials $ 41,000 Direct labor $ 13,000 Manufacturing overhead $ 46,000 Selling expenses $ 18,000 Administrative expenses $ 15,000 Conversion costs during the month totaled: Select one: a. $133,000 b. $87,000 c. $59,000 O d. $54,000 Schonhardt Corporation's relevant range of activity is 2,000 units to 6,000 units. When it produces and sells 4,000 units, its average costs per unit are as follows: Average Cost per Unit Direct materials $ 7.15 Direct labor $ 3.40 $ 1.35 Variable manufacturing overhead Fixed manufacturing overhead $ 2.80 Fixed selling expense $ 0.70 Fixed administrative expense $ 0.40 Sales commissions $ 0.50 Variable administrative expense $ 0.40 If 5,000 units are produced, the total amount of fixed manufacturing cost incurred is closest to: If 5,000 units are produced, the total amount of fixed manufacturing cost incurred is closest to: Select one: a. $14,000 O b. $11,200 c. $12,600 O d. $16,800 The salary paid to the president of a company would be classified on the income statement as a(n): Select one: a. Direct labor cost b. Manufacturing overhead cost c. Selling expense d. Administrative expense In May direct labor was 60% of conversion cost. If the manufacturing overhead for the month was $54,000 and the direct materials cost was $30,000, the direct labor cost was: Select one: O a. $20,000 b. $81,000 c. $36,000 d. $45,000