The following information relates to the operations of Cruz Manufacturing during the current year: Based on this information, what is the company's cost of goods sold? (Do not round intermediate calculations.) Multiple Choice $82,720 $57,910 $79,010 $114,820 During its first year of operations, Silverman Company paid $11,360 for direct moterials and $11,100 for production workers' wages, Lease payments and utilities on the production facilities amounted to $10.100 while general, selling, and administrative expenses totaled $3.400. The company produced 7,400 units and sold 4,600 units at a price of $6.90 a unit. What was Silverman's net income for the first year in operation? Muliple Choice $21,640 $8100 $9.280 $28,340 During its first year of operations, Connor Company paid $48,360 for direct materials and $19,600 in wages for production workers. Lease payments and utlities on the production facilities amounted to $8,600. General, selling, and administrative expenses were $9,600. The company produced 6,600 units and sold 5,600 units for $16,60a unit. The average cost to produce one unit is which of the following amounts? Multiple Cholce $1305 $10.7 $13.67 511.60 During its first year of operations, Silverman Company paid $15,085 for direct materials and $10,200 for production workers' wages. Lease payments and utilities on the production facilities amounted to $9,200 while general, selling, and administrative expenses totaled $4,700. The company produced 6,050 units and sold 3,700 units at a price of $8.20 a unit. What is the amount of gross margin for the first year? Multiple Cholee $30,340 $5,055 $9,250 $13,395 During its first year of operations, Sllverman Company paid $16,360 for direct materials and $10,300 for production workers' wages. Lease poyments and utilities on the production facilities amounted to $9.300 while general, selling, and administrative expenses totaled $4.800. The company produced 6.200 units and sold 3,800 units at a price of $8.30 a unit. What is the amount of finished goods inventory on the balance sheet at year-end? Multiple Choice $6,960 $9,500 $2.400 513,920 The following information relates to Marshall Manufacturing's current accounting period: Based on this information, what is the company's net income? (Do not round intermediate calculations.) Multiple Choice $22,770 $19740 $36,440 $15,030