Fontana Manufacturing Provided the Following Information for the Month Ended

question 85

Multiple Choice

Fontana Manufacturing provided the following information for the month ended March 31: $$\begin{array} { | l | l | } \hline \text { Sales Revenue } & \$ 26,000 \\\hline \text { Beginning Finished Goods Inventory } & 3000 \\\hline \text { Ending Finished Goods Inventory } & 13,500 \\\hline \text { Cost of Goods Manufactured } & 15,600 \\\hline\end{array}$$ Compute cost of goods available for sale.

• A) $15,600
• B) $29,100
• C) $23,600
• D) $10,100

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Definitions:

Dichotomous

Relating to or involving a division or contrast between two completely opposed or different things.

Dependent Variables

Variables in research that are expected to change as a result of an experiment's independent variable manipulation.

Test Markets

Regional markets or demographic groups used for launching new products to evaluate consumer response before a national rollout.

Competitors

Businesses or individuals that compete within the same market for resources and customers.