Multiple Choice
Figure 2-8.Last year Quest Company incurred the following costs:
Quest produced and sold 2,000 units at a sales price of $125 each. Assume that beginning and ending inventories of materials, work in process, and finished goods were zero.
-Refer to Figure 2-8. Total product costs were?
A) $190,000
B) $100,000
C) $150,000
D) $236,000
Correct Answer:

Verified
Correct Answer:
Verified
Q91: Costs are subdivided into what two major
Q133: Select the appropriate classification of the items
Q150: Select the appropriate classification for each of
Q165: The cost of the partially completed goods
Q199: Figure 2-5.In July, Econo Company purchased
Q200: The Blanchett Company manufactures fishing rods. Last
Q206: Arcadia Company manufactures recreational vehicles and incurred
Q207: Select the appropriate definition for each of
Q208: Figure 2-3.Bartlow, Inc. had the following income
Q209: A cost object is any item such