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What is the amount of ending finished goods inventory

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Reference no: EM132726729

The following information pertains to Brady's Tires:

Manufacturing costs$1,392,000

Units manufactured40,000

Units sold 30,000

units sold for $85 per unit

Beginning inventory 0 units

Problem 1: What is the average manufacturing cost per unit?

a. $35.00

b. $34.80

c. $46.00

d. $46.40

e. $16.18

Problem 2: What is the amount of ending finished goods inventory?

a. $34,800

b. $35,000

c. $46,000

d. $46,400

e. $16,3800

Problem 3: What is the amount of gross margin?

a. $1,500,000

b. $1,506,000

c. $1,170,000

d. $1,158,000

e. $2,058,00

Reference no: EM132726729

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