Using the Information Below, Calculate the Cost of Goods Manufactured

question 207

Multiple Choice

Using the information below, calculate the cost of goods manufactured for the period: $\begin{array}{lc}\text { Beginning Raw Materials Inventory } & \$ 25,000 \\\text { Ending Raw Materials Inventory } & 30,000 \\\text { Beginning Work in Process Inventory } & 55,000 \\\text { Ending Work in Process Inventory } & 64,000 \\\text { Beginning Finished Goods Inventory } & 80,000 \\\text { Ending Finished Goods Inventory } & 67,000 \\\text { Cost of Goods Sold for the period } & 540,000 \\\text { Sales revenues for the period } & 1,254,000\\\\\text { Operating expenses for the period}&232,000\end{array}$

• A) $536,000.
• B) $525,000.
• C) $553,000.
• D) $549,000.
• E) $527,000.

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Definitions:

Gastrula

A three-layered embryo formed by the process of gastrulation.

Acrosomal Net

A structure in certain sperm cells, derived from the acrosome, that plays a role in fertilization by penetrating the egg's outer layers.

Fertilization Cone

A structure formed at the tip of a sperm cell or pollen tube that facilitates the fusion of the male gamete with the female gamete.

Polyspermy Barrier

A physiological and cellular mechanism in eggs to prevent fertilization by more than one sperm, ensuring normal development.