The Gross Profit Margin for Runs and Goses Is

question 45

Multiple Choice

The gross profit margin for Runs and Goses is?

• A) 26.2%
• B) 30.3%
• C) 43.3%
• D) 56.3%
• E) 60.0%

Calculate equivalent units for conversion costs.

Calculate equivalent units for materials.

Determine the cost of ending work in process inventory.

Record journal entries for transfers between departments.

---

Definitions:

Trachea

A cylindrical tube within the respiratory system that provides air flow to and from the lungs for respiration.

Bronchi

Major passages of the respiratory system that diverge from the windpipe (trachea) and direct air into the lungs.

Cilia

Microscopic, hair-like structures on the surface of cells that move in a waving motion to transport substances across the cell surface.

Epiglottis

A flap of tissue at the root of the tongue that is depressed during swallowing to cover the opening of the windpipe and prevent food from entering the lungs.