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San Diego State University Operations And Supply Chain Management Assignment Help - Goods


Question - 8) For last year, Lewisburn Manufacturing reported the following:
Revenue $420,000
Beginning inventory of direct materials, January 1 22,000
Purchases of direct materials 146,000
Ending inventory of direct materials, December 31 16,000
Direct manufacturing labor 18,000
Indirect manufacturing costs 40,000
Beginning inventory of finished goods, January 1 35,000
Cost of goods manufactured 104,000
Ending inventory of finished goods, December 31 36,000
Operating costs 140,000



What was Lewisburn's operating income?
A) $76,000 B) $177,000 C) $128,000 D) $280,000
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9) For last year, Lewisburn Manufacturing reported the following:
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