Harlan Enterprises manufactures smartphones. Currently, Harlan has $14,000 in raw materials and $25,000 in finished goods in its warehouse. It also has $18,600 in work-in-process goods on its assembly line. Harlan erroneously includes the work-in-process goods as part of finished goods inventory, listing work-in-process inventory as $0. 

What effect will this have on Harlan's total inventory?

Answer rating: 100% (QA)

The erroneous inclusion of workinprocess goods as part of finished goods inventory will result in an ... View the full answer