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cal Question 4. During its first year of operations, Connor Company paid $50,000 for direct materials and $36,000 in wages for production workers. Lease payments
cal Question 4. During its first year of operations, Connor Company paid $50,000 for direct materials and $36,000 in wages for production workers. Lease payments and utilities on the production facilities amounted to $14,000. General, selling, and administrative expenses were $16,000. The company produced 5,000 units and sold 4,000 units for $30.00 a unit. How much is the Finished Goods Inventory at Connor Company? Select one: O a. $30,000 O b. $27,000 O c. $25,000 O d. $20,000
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