Question: Question Three The following information pertains to the Ruby Corp: Beginning work-in-process inventory Ending work-in-process inventory Beginning finished goods inventory Ending finished goods inventory Cost

Question Three The following information pertains to the Ruby Corp: Beginning work-in-process inventory Ending work-in-process inventory Beginning finished goods inventory Ending finished goods inventory Cost of goods manufactured Gross Margin is 20% of total revenue $74,000 82,000 172,000 209,000 1,202,000 A- What is cost of goods sold? (10 marks) B- Compute the total revenue. (10 marks)

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