Question: The following information pertains to the Ruby Corp: Beginning work-in-process inventory $74,000 Ending work-in-process inventory 82,000 Beginning finished goods inventory 182,000 Ending finished goods inventory

The following information pertains to the Ruby Corp: Beginning work-in-process inventory $74,000 Ending work-in-process inventory 82,000 Beginning finished goods inventory 182,000 Ending finished goods inventory 209,000 Cost of goods manufactured 1,192,000 Gross Margin is 20% of total revenue

A- What is cost of goods sold?

B- Compute the total revenue.

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