Question: Using the following cost information regarding finished goods, what would be the ending value of the finished goods inventory if the market value of the

Using the following cost information regarding finished goods, what would be the ending value of the finished goods inventory if the market value of the goods is $300,000?

	Cost
Materials	$150,000
Costs to process into finished product	100,000

A. $250,000

B. $100,000

C. $150,000

D. $0

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