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what is the answer from 13 to 15 please 13) Partial income statements of Company A and Company B are provided below Company A Revenue
what is the answer from 13 to 15 please
13) Partial income statements of Company A and Company B are provided below Company A Revenue Expenses Utilities Expense Salaries Expense Rent Expense Total Expenses $80.000 $5.000 15,000 3.700 Operating Income 23.700 $56.300 Company B Revenue Cost of Goods Sold Beginning Merchandise Inventory Purchases and Freight In Cost of Goods Available for Sale Ending Merchandise Inventory Cost of Goods Sold Gross Profit $50,000 $4,000 23,000 27,000 (5,500 21,500 $28.500 Which of the following statenents is TRUE? A) Company A is a manufacturing company B Company A is a service company. C) Company A is a merchandising company. D) Company B is a manufacturing company. 14) Lakeshore Manufacturing provided the following information for the month ended March 31 $30,000 17,000 11,500 12,600 Sales Revenue Beginning Finished Goods Inventory Ending Finished Goods Inventory Cost of Goods Manufactured Compute gross profit. A) $22,900 D) $11,900 C) $5900 B) $17,400 15) Enzo Design Corporation reports the following cost information for March: $75.000 Cost of Goods Manufactured Finished Goods Inventory, March 1 Finished Goods Inventory, March 31 Work-in-Process Inventory, March 1 Work-in-Process Inventory, March 31 4000 2650 9670 1000 36.000 Direct Labor 16,900 Direct Materials Used What is the amount of manufacturing overhead incurred by the company in March? D) $12,430 C) $30,330 B) $13,430 A) $138,570 Step by Step Solution
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