Examlex

Solved

The Following Information Is Available for the First Month of Operations

question 70

Multiple Choice

The following information is available for the first month of operations for Bluemoon, Inc.:  Sales $850,000 Gross profit 330,000 Indirect labor 35,000 Indirect materials 14,000 Other factory overhead 9,000 Materials purchased 360,000 Total manufacturing costs 670,000 Materials inventory, end of period 20,000\begin{array}{|l|r|}\hline \text { Sales } & \$ 850,000 \\\hline \text { Gross profit } & 330,000 \\\hline \text { Indirect labor } & 35,000 \\\hline \text { Indirect materials } & 14,000 \\\hline \text { Other factory overhead } & 9,000 \\\hline \text { Materials purchased } & 360,000 \\\hline \text { Total manufacturing costs } & 670,000 \\\hline \text { Materials inventory, end of period } & 20,000 \\\hline\end{array} ? Based on the information provided for Bluemoon, Inc., calculate the cost of goods sold.


Definitions:

Alkylamine

A compound resulting from the replacement of one or more hydrogen atoms of ammonia (NH3) with alkyl groups.

α-Carbon

The first carbon atom attached directly to a functional group in an organic molecule.

Chemical Shift

A term used in nuclear magnetic resonance (NMR) spectroscopy to describe the change in the resonance frequency of a nucleus due to its chemical environment.

Cyclohexylamine

An organic compound derived from cyclohexane where one hydrogen atom is replaced by an amine group, known for its use in creating various chemical products.

Related Questions