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Answer the Following Questions Using the Information Below:
Pederson Company

Question 286

Multiple Choice

Answer the following questions using the information below:
Pederson Company reported the following:
 Manufacturing costs $2,000,000 Units manufactured 50,000 Units sold 47000 units sold for $75 per unit  Beginning inventory 0 units \begin{array}{ll}\text { Manufacturing costs } & \$ 2,000,000 \\\text { Units manufactured } & 50,000 \\\text { Units sold } & 47000 \text { units sold for } \$ 75 \text { per unit } \\\text { Beginning inventory } & 0 \text { units }\end{array}
-What is the cost of ending finished goods inventory?


A) $105 000
B) $120 000
C) $225 000
D) $1 880 000

Correct Answer:

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