Questions Use the below information to answer the following NINE questions (numbered 2 through 10). This information was provided by Boom Company for July 2020. $87,500 17,500 297,500 SBS.250 35.000 262,500 Inventories (Beginning): Raw Materials Work in Process Finished Goods Inventories (Ending): Raw Materials Work in Process Finished Goods Additional Information: Administrative Expenses Direct Labor Factory Insurance Indirect Labor Marketing Costs Purchases of Raw Materials Sales Sales Commissions $612,500 350,000 100,000 425,000 481,250 437,500 2.625,000 26.250 5 points 2. What was the amount of raw materials used in production during July 2020?* 5 points 2. What was the amount of raw materials used in production during July 2020? * O $8,750 O $428,750 O $1,286,250 O $1,303,750 None of the above 3. What was the amount of total work 5 points in process for July 2020?* * O $52,500 O $367,500 O $1,303,750 $1,321,250 None of the above 5 points 4. What was the amount of cost of goods manufactured for July 2020?* O $1,286,250 O $1,321,250 O $1,338,750 O $1,347,500 O None of the above 5 points 5. What was the amount of total selling costs for July 2020?* O $507,500 O $1,120,000 O $1,645,000 O $2,625,000 O None of the above & docs.google.com G 5 points 6. What was the amount of total period costs for July 2020?* O $778,750 O $1,120,000 O $1,303,750 O $2,423,750 O None of the above 5 points 7. What was the amount of total product costs for July 2020?* O $778,750 O $1,120,000 O $1,303,750 O $2,423,750 O None of the above a docs.google.com 5 points 8. What was the amount of total prime costs for July 2020?* O $778,750 O $1,120,000 O $1,303,750 O $2,423,750 O None of the above 5 points 9. What was the amount of total conversion costs for July 2020? * O $778,750 O $875,000 O $1,120,000 O $1,303,750 None of the above $1,120,000 O $1,303,750 None of the above 10. What was the amount of cost of 5 polnts goods sold for July 2020? O $1,286,250 O $1,303,750 O $1,321,250 O $1,347,500 None of the above Page 4 of 6 Back Next ? Never submit passwords through Google Form