The following information pertains to Brady's Tires:

Manufacturing costs

$1,392,000

Units manufactured

40,000

Units sold

30,000 units sold for $85 per unit

Beginning inventory

0 units

1.What is the average manufacturing cost per unit?

a.$35.00

b.$34.80

c.$46.00

d.$46.40

e.$16.18

1.What is the amount of ending finished goods inventory?

a.$34,800

b.$35,000

c.$46,000

d.$46,400

e.$16,3800

2.What is the amount of gross margin?

a.$1,500,000

b.$1,506,000

c.$1,170,000

d.$1,158,000

e.$2,058,00

Use the information below to answer the following question(s).

Geraldo Inc. sells several products. Information of average revenue and costs is as follows:

Selling price per unit

$32.00

Variable costs per unit:

Direct material

$4.25

Direct manufacturing labour

$2.15

Manufacturing overhead

$1.64

Selling costs

$1.85

Annual fixed costs

$110,000

3.The Geraldo Inc. contribution margin ratio is

69.1%

4.The Geraldo Inc. break-even point in sales dollars is

a.$159,200.

b.$159,203.

c.$159,204.

d.$159,203.97.

e.$159,232.

5.The Geraldo Inc. break-even point in units is

a.4,975 units.

b.4,976 units.

c.4,990 units.

d.4,991 units.

e.4,472 units.