Multiple Choice
At a General Electric Plant they produced 12,000 jet engines in May. General Electric was able to sell 11,000 of these engines. Calculate the total ending inventory cost assuming each engine cost $290,000.
A) $1,000
B) $290,000,000
C) $2,900,000
D) $920,000,000
E) $2,999,000
Correct Answer:
Verified
Correct Answer:
Verified
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