What was the dollar value of the company's inventory on May 31 under the absorption costing method?
A) $60,000.
B) $75,000.
C) $90,000.
D) $120,000.Units in ending inventory = $75,000/$5 = 15,000.EI = 15,000 * (3 + 5)= $120,000.

Question

Quizplus · Accepted Answer

The ending inventory is calculated by multiplying the units in ending inventory (15,000) by the cost per unit under absorption costing ($8), resulting in $120,000.

What Was the Dollar Value of the Company's Inventory on May