Answer the following questions using the information below:
Pederson Company reported the following:
$\begin{array}{ll}
\text { Manufacturing costs } & \$ 2,000,000 \
\text { Units manufactured } & 50,000 \
\text { Units sold } & 47000 \text { units sold for } \$ 75 \text { per unit } \
\text { Beginning inventory } & 0 \text { units }
\end{array}$
-What is the cost of ending finished goods inventory?
A)$105 000
B)$120 000
C)$225 000
D)$1 880 000

Question

Answer the following questions using the information below:
Pederson Company reported the following:
 $\begin{array}{ll}
\text { Manufacturing costs } & \$ 2,000,000 \
\text { Units manufactured } & 50,000 \
\text { Units sold } & 47000 \text { units sold for } \$ 75 \text { per unit } \
\text { Beginning inventory } & 0 \text { units }
\end{array}$
-What is the cost of ending finished goods inventory?
A)$105 000
B)$120 000
C)$225 000
D)$1 880 000

Quizplus · Accepted Answer

The Answer of Answer the following questions using the information below:
Pederson Company reported the following:
 $\begin{array}{ll}
\text { Manufacturing costs } & \$ 2,000,000 \
\text { Units manufactured } & 50,000 \
\text { Units sold } & 47000 \text { units sold for } \$ 75 \text { per unit } \
\text { Beginning inventory } & 0 \text { units }
\end{array}$
-What is the cost of ending finished goods inventory?
A)$105 000
B)$120 000
C)$225 000
D)$1 880 000

Answer the Following Questions Using the Information Below: Pederson Company

Answer the Following Questions Using the Information Below:
Pederson Company