Business, 16.11.2020 17:50 xojade

Lawson Manufacturing Company has the following account balances at year end: Office supplies $ 4,000
Raw materials 27,000
Work-in-process 59,000
Finished goods 109,000
Prepaid insurance 6,000
What amount should Lawson report as inventories in its balance sheet?
A) $109,000.
B) $113,000.
C) $195,000.
D) $199,000.

Answers: 1

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Lawson Manufacturing Company has the following account balances at year end: Office supplies $ 4,00...