What is the cost of ending inventory given the following factors?
|
Beginning inventory |
$ |
5,000 |
|
Total production costs |
60,000 |
|
|
Costs of goods sold |
55,000 |
|
|
Direct labor |
40,000 |
- $ 5,000
- $10,000
- $45,000
- $50,000
What is the cost of ending inventory given the following factors?
|
Beginning inventory |
$ |
5,000 |
|
Total production costs |
60,000 |
|
|
Costs of goods sold |
55,000 |
|
|
Direct labor |
40,000 |