Riverside Manufacturing Provided the Following Information for the Month Ended

question 166

Multiple Choice

Riverside Manufacturing provided the following information for the month ended March 31: $$\begin{array} { | l | r | } \hline \text { Sales Revenue } & \$ 27,000 \\\hline \text { Beginning Finished Goods Inventory } & 17,000 \\\hline \text { Ending Finished Goods Inventory } & 7,500 \\\hline \text { Cost of Goods Manufactured } & 11,600 \\\hline\end{array}$$ Compute gross profit.

• A)$5,900
• B)$15,400
• C)$24,900
• D)$7,900

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Definitions:

Rectus Abdominis

A long muscle of the anterior abdominal wall that helps flex the spine and maintain posture.

Transverses Abdominis

A muscle layer of the anterior and lateral abdominal walls which is deep to (beneath) the internal oblique muscle.

Internal Oblique

A muscle within the abdominal wall that acts in trunk rotation and lateral flexion, also aiding in respiration.

Transversus Thoracis

A muscle within the chest that plays a role in the movement of the thoracic cage.