Amoeba Manufacturing Company provided the following information for the year 2015: Parchases-Raw Materials Plant Utilities & Insurance

Amoeba Manufacturing Company provided the following information for the year 2015:

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Parchases-Raw Materials Plant Utilities & Insurance Indirect Materials Indirect Labor Direct Materials Used in Production Direct Labor Depreciation on Factory Plant & Equipment Cost of Goods Manufactured Cost of Goods Sold $90,000 67,500 11,750 4,750 96,000 117,500 6,000 290,850 304,550 The inventory account balances as of January 1- 2015 are given below. Raw Materials Inventory Work-in-Process Inventory Finished Goods Inventory $42,000 12,000 49,500 What is the ending balance in the finished goods inventory? B) $35,800 A) $24,650 9 $49,500 D) $63,200 Parchases-Raw Materials Plant Utilities & Insurance Indirect Materials Indirect Labor Direct Materials Used in Production Direct Labor Depreciation on Factory Plant & Equipment Cost of Goods Manufactured Cost of Goods Sold $90,000 67,500 11,750 4,750 96,000 117,500 6,000 290,850 304,550 The inventory account balances as of January 1- 2015 are given below. Raw Materials Inventory Work-in-Process Inventory Finished Goods Inventory $42,000 12,000 49,500 What is the ending balance in the finished goods inventory? B) $35,800 A) $24,650 9 $49,500 D) $63,200

Answer rating: 100% (QA)

Correct answerB 35800 Beginning Finished G... View the full answer