Mi-T-M Corporation is a manufacturer of high-quality industrial equipment including power washers and generators. The following was reported in the preceding year 7 Beginning Inventory Ending Inventory (12/31) (1/1) $38,000 $43.600 Raw Materials Inventory $36,800 Work in Process Inventory 00-52 57 $37,500 Finished Goods Inventory Additional Information for the year Is as follows pols $206,100 Direct materials used $157,000 Direct labor $160,000 Manufacturing overhead applied $527,600 Cost of goods manufactured $545,300 Unadjusted cost of goods sold What was the ending Finished Goods Inventory balance on 12/31? e Multiple Choice $19,800 $23,500 $60,300 17 of 30 Next > < Prev Mc Graw Hill Type here to search VIZIO Esc F2 FS F6 %23 %24 Tab Caps Lock T Shift K Ctri B Alt