4.
Bartlow Inc had the folling income statement for the month of May. Sales Revenue 428000
Cost of goods sold 205440
Gross Margin 222560
Less:
Selling Expenses 81320
Administrative Expenses 72760
Operating Income 68480 What was the sales revenue percent? 1. 100%
2. 48%
3. 52%
4. 16% 5.
Junko company makes typewriters. During the year Junko manufactured 97000 typewriters. Finished goods Inventory had the following units on hand: January 1 1260
December 31 1040 How many typewriters did Junko sell during the year?
1. 96780
2. 97220
3. 97000
4. 98260 6.
In July Econo company purchased materials costing 21000 dollars and incurred direct labor costs of 18000 dollars. Overhead totaled 32000 dollars for the
month. Information on the inventories was a follows: July 1 July 31
Materials 6200 7100
Work in Process 700 1200
Finished goods 3300 2700 What is the cost of direct materials used in July?
1. 21000
2. 20100
3. 21900
4. 20500