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DDY Question 9 2 pts During its first year of operations, Stark Company paid $7,000 for direct materials and $9,500 for production workers' wages. Lease
DDY Question 9 2 pts During its first year of operations, Stark Company paid $7,000 for direct materials and $9,500 for production workers' wages. Lease payments and utilities on the production facilities amounted to $8,500 while general, selling, and administrative expenses totaled $6,000. The company sold 3,000 units at a price of $10.50 a unit, but they produced 5,000 units. Assume 100% of manufacturing overhead costs was applied. What is the amount of finished goods inventory on the balance sheet at year-end of Stark Company? O $2,000 O $10,000 O $5,000 $7,500 2 pts
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