Multiple Choice
Singh Company manufacturers wheelchairs.Each wheelchair requires $325 of raw materials and $780 of conversion costs.Each wheelchair is sold for $1,500.Last month Singh completed 35 wheelchairs and sold 32 wheelchairs.The ending balance in finished goods inventory is:
A) $3,500.
B) $1,105.
C) $3,315.
D) $4,315.
E) $4,420.
Correct Answer:
Verified
Correct Answer:
Verified
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