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The following 5 questions have 2 marks each. Please circle the right answer. (i) The following information pertains to Mega Corporation: Beginning work-in-process inventory $18,000
The following 5 questions have 2 marks each. Please circle the right answer. (i) The following information pertains to Mega Corporation: Beginning work-in-process inventory $18,000 Ending work-in-process inventory Beginning finished goods inventory Ending finished goods inventory Cost of goods manufactured Sales 25,000 36,000 31,000 241,000 302,000 What is the gross margin earned by the company? a) $56,000 b) $63,000 c) $68,000 d) $66,000 e) $61,000
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