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Singh Company manufacturers wheelchairs. Each wheelchair requires $325 of raw materials and $780 of conversion costs. Each wheelchair is sold for $1,500. Last month Singh
Singh Company manufacturers wheelchairs. Each wheelchair requires $325 of raw materials and $780 of conversion costs. Each wheelchair is sold for $1,500. Last month Singh completed 35 wheelchairs and sold 32 wheelchairs. The ending balance in finished goods inventory is: Multiple Choice $3,500. $1,105. $3,315. $4,315. O $4,420.
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