Question: The correct answer is 15,240, please explain step by step Question 29 0 / 1 pts The Omera Corporation recently manufactured inventory and had the

 The correct answer is 15,240, please explain step by step Question
The correct answer is 15,240, please explain step by step

Question 29 0 / 1 pts The Omera Corporation recently manufactured inventory and had the following costs: Direct materials $8,600, Administrative costs $4,300, Marketing costs $2,800, Direct labor $6,100 and Overhead $10,700 when the company produced 25,000 units, If 2/5 of the inventory were sold, what amount would it report in its financial statement as ending inventory? Round your final answer to the nearest whole dollar. 5 15,240 (with margin: 0)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!