Question Completion Status: QUESTION 5 Beta Company provided the following information for June: Beginning inventory of finished goods Beginning inventory of work-in-process Ending inventory of finished goods Direct labor used $5,000 $18,000 $ 3,000 $13,000 $10,000 4,000 $5,500 Raw materials used Manufacturing overhead Cost of goods manufactured (COGM) The company's cost of goods sold (COGS) for June is OA $3,500 B. $2,500 OC.$7,500 D. $42,000 QUESTION 6 Compute cost of ending inventory using the following data: $32,000 Cost of beginning inventory $200,000 Purchases of new merchandise $40,000 Cost of goods sold A Not enough information B. $128,000 C. $272,000 D.$192,000 QUESTION 7 If the price is $40, unit variable cost is $10 and total fixed costs are $900, then breakeven revenue is: A $30 B. $1,200 OC. $90 D.$3,600 QUESTION Gamma Company has a selling price of $3/unit, unit variable costs of $2/unit and total fixed costs of $1,000. Current sales revenue is $12,000. What is the margin of safety percentage? OA 75% OB. 92% OC. 25% OD. Not enough information QUESTION 9 If unit contribution margin is $4 per unit and fixed cost is $2 per unit (at current sales volume), how much will total profit change if we sell 10 more units at the same price? OA. Increase by $20 OB. Decrease by $20 OC. Increase by $40 OD. Decrease by $40 QUESTION 3 How much sales revenue does a firm need to achieve target profit of Sales revenue is $7,000, total variable costs are $5,600, and total fixed costs are $1,000. $2,500? OA $17,500 B. $12,500 OC $5,000 OD. Not enough information QUESTION 4 Which of the following is most likely to be a variable cost? OA Rent for CEO's office OB. Depreciation on production equipment OC. Cost of merchandise OD. Factory supervisor's salary