Groovelex Inc.reports the following information:
-There are no beginning inventories.What is the ending balance in finished goods inventory using absorption costing?
A)$8,500
B)$8,000
C)$6,000
D)$4,000

Question

Groovelex Inc.reports the following information:  
-There are no beginning inventories.What is the ending balance in finished goods inventory using absorption costing?
A)$8,500 
B)$8,000 
C)$6,000 
D)$4,000

Quizplus · Accepted Answer

The Answer of Groovelex Inc.reports the following information:  
-There are no beginning inventories.What is the ending balance in finished goods inventory using absorption costing?
A)$8,500 
B)$8,000 
C)$6,000 
D)$4,000

Groovelex Inc.reports the Following Information