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Answer the Following Questions Using the Information Below:
the Following

Question 132

Multiple Choice

Answer the following questions using the information below:
The following information pertains to Bondi Creations:
 Manufacturing costs $1,500,000 Units manufactured 30,000 Units sold 29,500 units sold for $85 per unit  Beginning inventory 0 units \begin{array}{ll}\hline & \\\hline \text { Manufacturing costs } & \$ 1,500,000 \\\hline \text { Units manufactured } & 30,000 \\\hline \text { Units sold } & 29,500 \text { units sold for } \$ 85 \text { per unit } \\\hline \text { Beginning inventory } & 0 \text { units } \\\hline\\\hline\end{array}
-What is the cost of ending finished goods inventory?


A) $25 424
B) $1 475 000
C) $25 000
D) $42 500

Correct Answer:

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