Beginning finished goods inventory was $130,000. the cost of goods manufactured for the month was $760,000. the ending finished goods inventory was $150,000. what was the cost of goods sold for the month? a. $ 20,000b. $740,000c. $780,000d. $760,000

In early january, burger mania acquired 100% of the common stock of the crispy taco restaurant chain. the purchase price allocation included the following items: $4 million, patent; $3 million, trademark considered to have an indefinite useful life; and $5 million, goodwill. burger mania's policy is to amortize intangible assets with finite useful lives using the straight-line method, no residual value, and a five-year service life. what is the total amount of amortization expense that would appear in burger mania's income statement for the first year ended december 31 related to these items?