Dentlinger Company uses a job-order cost system and had the following data available for 20X2.

-The ending inventory of finished goods is
A) $160,000.
B) $72,000.
C) $188,000.
D) $584,000.

Question

Dentlinger Company uses a job-order cost system and had the following data available for 20X2.
 
-The ending inventory of finished goods is
A) $160,000. 
B) $72,000. 
C) $188,000. 
D) $584,000.

Quizplus · Accepted Answer

The ending inventory of finished goods is calculated based on the cost of goods available for sale minus the cost of goods sold. The correct choice is $188,000, which is the value of the ending inventory.

Dentlinger Company Uses a Job-Order Cost System and Had the Following