Extracted text: 21 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 123 4. 5678 1. Kalbach Corporation, a manufacturing company, has provided the following financial data for November. The company had no beginning or ending inventories. The contribution margin for November was: Sales $440.000 $60.000 Variable production expense. Variable selling expense Variable administrative expense . Fixed production expense . Fixed selling expense Fixed administrative expense... $21.000 $49,000 $95.000 $86.000 $93.000 a. $36,000 b. $285,000 c. $166,000 d. $310,000 I 000
Extracted text: 2. During August, the cost of goods manufactured was $73,000. The beginning finished goods inventory was $15,000 and the ending finished goods inventory was $21,000. What was the cost of goods sold for the month? a. $67,000 b. $109,000 c. $79,000 d. $73,000 3. The cost of goods sold in a retail store totaled $325,000. Fixed selling and administrative expenses totaled $115,000 and variable selling and administrative expenses were $210,000. If the store's contribution margin totaled $590,000, then sales must have been: a. $1,125,000 b. $650,000 C. $915,000 d. $1,030,000