Research indicates that high-quality brands stretch farther than average-quality brands, although both types of brands have boundaries

Ellie's Candies, Inc produces gummy bears

The company purchases raw materials, stores them in a warehouse, and then runs them through two processes: production and packaging. During September, the production process incurred the following costs in processing 20,000 gummy bears: Wages of workers operating production equipment $50,500 Manufacturing overhead allocated to the production department 8,000 Direct materials 210,000 Use the FIFO method to compute the September conversion costs in the Production Department. A) $58,500 B) $268,500 C) $50,500 D) $8,000

Five Seasons is a merchandiser of packed foods

The company provides the following information for the year: Sales Revenue $145,000 Cost of Goods Sold 64,000 Operating Expenses 67,000 Net Income 14,000 Number of Units Sold 29,000 How much was the unit cost per item of product sold? (Round your answer to the nearest cent.) A) $4.52 B) $5.00 C) $2.21 D) $100.48