Business, 12.02.2020 00:51 jacamron

During fiscal year 2016, Munson Manufacturing made and sold vinyl siding. At the beginning of the year the company had 3, 800 units. During the year Munson made 892, 500 units and sold 887, 600 units. Each unit cost the company $2.18 to manufacture and each unit is sold for $4.22. At the end of the year, what amount will Munson report on its balance sheet for finished goods inventory?
A. $10,682
B. $36,714
C. $20,678
D. $18,966

Answers: 3

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During fiscal year 2016, Munson Manufacturing made and sold vinyl siding. At the beginning of the ye...