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US. Systems Inc., had the following activities during 2018: $ 24,000 Direct materials: Beginning inventory Purchases Ending inventory Direct manufacturing labor Manufacturing overhead Beginning work-in-process
US. Systems Inc., had the following activities during 2018: $ 24,000 Direct materials: Beginning inventory Purchases Ending inventory Direct manufacturing labor Manufacturing overhead Beginning work-in-process inventory Ending work-in-process inventory Beginning finished goods inventory Ending finished goods inventory 61,500 11,000 16,000 11,500 1,000 3,500 25,000 19,000 Required: What is the cost of direct materials used during 2018? What amount of prime costs was added to production during 2018? 7. Anglico's most recent income statement is given below. Sales (8,000 unis) Less variable expenses Contribution margin Less fixed expenses Net income $160,000 (65.000) 95,000 (50.000) $45,000 Required: Contribution margin ratio is Breakeven point in total sales dollars is Compute how many units must be sold to achieve operating income of $60,000 8. Match the best visualization with data output explanation: a. Bar chart b. Bilateral column chart c. Line chart d. Map e. Photos f. Pie chart 8. Scatter diagram h. Three dimensional Visualization Data Output Clusters reveal direction and strength of relationships between data points Series of numbers with positive and negative values
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