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The following information applies to the next three (3) multiple choice questions: Widgets R'Us Inc. reported the following: Manufacturing costs Units manufactured Units sold Sales
The following information applies to the next three (3) multiple choice questions: Widgets R'Us Inc. reported the following: Manufacturing costs Units manufactured Units sold Sales price per unit Beginning inventory $2,000,000 50,000 47,000 $75 per unit 0 units What is the average manufacturing cost per unit ? a) $40.00 b) $42.55 c) $48.20 d) $75.00 What is the anount of ending Finished Goods inventory? a) $1,880,000 b) $ 120,000 c) $ 225,000 d) $ 105,000
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