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Hill & Scott Company Makes Financial Calculators

Question 153

Multiple Choice

Hill & Scott Company makes financial calculators.During the current year, Hill & Scott manufactured 106,700 financial calculators.Finished goods inventory had the following units on hand:
Hill & Scott Company makes financial calculators.During the current year, Hill & Scott manufactured 106,700 financial calculators.Finished goods inventory had the following units on hand:    - If each financial calculator had a per-unit product cost of $130, what was the cost of goods sold in the current year?  A)  $10,864,000 B)  $10,839,360 C)  $11,005,120 D)  $13,902,460
- If each financial calculator had a per-unit product cost of $130, what was the cost of goods sold in the current year?


A) $10,864,000
B) $10,839,360
C) $11,005,120
D) $13,902,460

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