Use the below information to answer the following FIVE questions (numbered 3 through 7). This information is reported by Morin Company concerning last month.

3. What is the amount of total manufacturing costs for last month? *

4 points

$93,000

$142,000

$226,000

$673,000

None of the above

4. What is the amount of cost of goods manufactured for last month? *

4 points

$89,000

$138,000

$222,000

$226,000

None of the above

5. What is the amount of cost of goods sold for last month? *

4 points

$146,000

$218,000

$222,000

$230,000

None of the above

6. What is the amount of total conversion costs for last month? *

4 points

$133,000

$142,000

$177,000

$226,000

None of the above

7. What is the amount of gross profit for last month? *

4 points

$50,000

$140,000

3 through 7). This information is reported by Morin Company concerning last month. Inventories Raw Materials Work-in-Process Finished Goods Beginning $50,000 21,000 51,000 Ending $37,000 25,000 43,000 Amount Item Administrative Expenses Depreciation of Production Equipment Direct Labor Factory Utilities Indirect Labor Indirect Materials Purchases of Raw Materials Sales Selling Expenses $57,000 15,000 49,000 10,000 26,000 42,000 71,000 370,000 33,000