31. In applying the high-low method, what is the fixed cost?

Month Miles Total Cost

January 80,000 $192,000

February 50,000 160,000

March 70,000 188,000

April 90,000 260,000

32. Armand Company, Inc. has $20,000 of ending finished goods inventory as of December 31, 2013. If beginning finished goods inventory was $10,000 and cost of goods sold was $50,000, how much would Armand report for the cost of goods manufactured?

33. Lunabelle Company's accounting records reflect the following inventories:

Dec. 31, 2017, Dec. 31, 2016

Raw materials inventory $310,000 $260,000

Work in process inventory 300,000 160,000

Finished goods inventory 190,000 150,000

During 2017, $800,000 of raw materials were purchased, direct labor costs amounted to $670,000, and manufacturing overhead incurred was $640,000. How much is Lunabelle Company's total manufacturing costs incurred in 2017?

34. Lunabelle Company's accounting records reflect the following inventories:

Dec. 31, 2017 Dec. 31, 2016

Raw materials inventory $310,000 $260,000

Work in process inventory 300,000 160,000

Finished goods inventory 190,000 150,000

During 2017, $800,000 of raw materials were purchased, direct labor costs amounted to $670,000, and manufacturing overhead incurred was $640,000. If Lunabelle Company's cost of goods manufactured for 2017 amounted to $1,890,000, how much is its cost of goods sold for the year?

35. Sidrox Company reported the following year-end information:

Beginning work in process inventory $1,080,000

Beginning raw materials inventory 300,000

Ending work in process inventory 900,000

Ending raw materials inventory 480,000

Raw materials purchased 960,000

Direct labor 900,000

Manufacturing overhead 720,000

How much is Sidrox Company's cost of goods manufactured for the year?