Question: Question 1 options: Use the following information to answer the next 6 questions. All items in dollars. In your answer do NOT include dollar sign,

Question 1 options:
Use the following information to answer the next 6 questions. All items in dollars. In your answer do NOT include dollar sign, commas, and cents for all. (ex 1550).
Sales 1560
Raw materials inventory, beginning 220
Raw materials inventory, ending 180
Purchases of raw materials 230
Direct labour 158
Manufacturing overhead 240
Administrative expenses 320
Selling expenses 410
Work in process inventory, beginning 60
Work in process inventory, ending 55
Finished goods inventory, beginning 198
Finished goods inventory, ending 250
What is the dollar amount of material used?
What is total manufacturing costs?
What is the cost of goods manufactured?
What is the cost of good sold?
What is the gross profit?
What is the net profit?Question 1 options:
Use the following information to answer the next 6 questions. All items in dollars. In your answer do NOT include dollar sign, commas, and cents for all. (ex 1550).
Sales 1560
Raw materials inventory, beginning 220
Raw materials inventory, ending 180
Purchases of raw materials 230
Direct labour 158
Manufacturing overhead 240
Administrative expenses 320
Selling expenses 410
Work in process inventory, beginning 60
Work in process inventory, ending 55
Finished goods inventory, beginning 198
Finished goods inventory, ending 250
What is the dollar amount of material used?
What is total manufacturing costs?
What is the cost of goods manufactured?
What is the cost of good sold?
What is the gross profit?
What is the net profit?

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