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Riverside Manufacturing Provided the Following Information for the Month Ended

Question 93

Multiple Choice

Riverside Manufacturing provided the following information for the month ended March 31:  Sales Revenue $27,000 Beginning Finished Goods Inventory 14,000 Ending Finished Goods Inventory 10,500 Cost of Goods Manufactured 14,600\begin{array} { | l | r | } \hline \text { Sales Revenue } & \$ 27,000 \\\hline \text { Beginning Finished Goods Inventory } & 14,000 \\\hline \text { Ending Finished Goods Inventory } & 10,500 \\\hline \text { Cost of Goods Manufactured } & 14,600 \\\hline\end{array} Compute gross profit.


A) $8,900
B) $12,400
C) $15,900
D) $1,900

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