There Were No Beginning and Ending Inventories

question 162

Multiple Choice

$\begin{array}{lr}\text { Production in units } & 3,000 \\\text { Direct materials cost } & \$ 7,000 \\\text { Direct labor cost } & \$ 10,000 \\\text { Overhead cost } & \$ 9,600 \\\text { Sales commission per unit sold } & \$ 4 \\\text { Price per unit sold } & \$ 29 \\\text { Fixed selling and administrative expense } & \$ 7,000\end{array}$ There were no beginning and ending inventories.
-Refer to Figure 9-5. What is gross margin for Sully Company last month?

• A) $54,000
• B) $64,600
• C) $32,400
• D) $47,400
• E) $60,400

---

Definitions:

Agency Recruitment

The process of outsourcing the recruitment function to an external agency or firm specialized in finding and placing candidates for job positions.

Mentorship Programs

Initiatives or schemes designed to connect less experienced individuals with more experienced professionals for guidance, learning, and career development.

Training Program Design

The process of creating a structured educational course or program aimed at improving the skills and knowledge of employees to meet specific job requirements.

Effective Design

The process of crafting solutions, systems, or processes that successfully meet intended objectives and user needs in an optimal way.