Gordon Company Produces a Single Product That Sells for $10

Multiple Choice

Gordon Company produces a single product that sells for $10 per unit. Last year there were no beginning inventories, 100,000 units were produced, and 80,000 units were sold. The company has the following cost structure:
-The carrying value on the balance sheet of the ending finished goods inventory under absorption costing would be:

A) $80,000
B) $104,000
C) $110,000
D) $124,000