Figure 2-8. Last year Quest Company incurred the following costs:
Quest produced and sold 2,000 units at a sales price of $125 each.Assume that beginning and ending inventories of materials,work in process,and finished goods were zero.
Refer to Figure 2-8.Total product costs were?
A)$190,000
B)$100,000
C)$150,000
D)$236,000

Question

Figure 2-8. Last year Quest Company incurred the following costs:
 Quest produced and sold 2,000 units at a sales price of $125 each.Assume that beginning and ending inventories of materials,work in process,and finished goods were zero.
Refer to Figure 2-8.Total product costs were?
A)$190,000 
B)$100,000 
C)$150,000 
D)$236,000

Quizplus · Accepted Answer

The Answer of Figure 2-8. Last year Quest Company incurred the following costs:
 Quest produced and sold 2,000 units at a sales price of $125 each.Assume that beginning and ending inventories of materials,work in process,and finished goods were zero.
Refer to Figure 2-8.Total product costs were?
A)$190,000 
B)$100,000 
C)$150,000 
D)$236,000