Youngstown rubber reports the following data for its first year of operation.

direct materials used= $711,000

cost of goods manufactured= $680,600

finished goods inventory, ending= $191,000

manufacturing overhead= 100,000

finished goods inventory, beginning = 0

work in process inventory, beginning = 0

work in process inventory, ending = 130,400

what is the cost of goods sold? a. $1,491,600 b. $459,200 c. $489,600 d. $680,600

For example, the upper right cell shows that if expresso advertises and beantown doesn't advertise, expresso will make a profit of $15 million, and beantown will make a profit of $2 million. assume this is a simultaneous game and that expresso and beantown are both profit-maximizing firms. if expresso decides to advertise, it will earn a profit of $ million if beantown advertises and a profit of $ million if beantown does not advertise. if expresso decides not to advertise, it will earn a profit of $ million if beantown advertises and a profit of $ million if beantown does not advertise. if beantown advertises, expresso makes a higher profit if it chooses . if beantown doesn't advertise, expresso makes a higher profit if it chooses . suppose that both firms start off not advertising. if the firms act independently, what strategies will they end up choosing? expresso will choose to advertise and beantown will choose not to advertise. expresso will choose not to advertise and beantown will choose to advertise. both firms will choose to advertise. both firms will choose not to advertise.