12 last month a manufacturing company had the

This preview shows page 3 - 4 out of 4 pages.

12. Last month a manufacturing company had the following operating results: Beginning finished goods inventory ........................................................................ $84,000 Ending finished goods inventory ............................................................................ $71,000 Sales ...................................................................................................................... $505,000 Gross margin .......................................................................................................... $63,000 What was the cost of goods manufactured for the month? A) $429,000 B) $492,000 C) $442,000 D) $455,000
3 of 4
13. If the level of activity increases within the relevant range:
14. When the level of activity increases within the relevant range, how does each of the following change? Average cost Total variable Fixed cost per unit Cost per unit
15. Stott Company requires one dockhand for every 500 packages loaded daily. The wages for these dockhands would be classified as:
4 of 4

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture