What was the dollar value of the company's inventory on May 31 under the absorption costing method?
A) $60,000.
B) $75,000.
C) $90,000.
D) $120,000.Units in ending inventory = $75,000/$5 = 15,000.EI = 15,000 * (3 + 5) = $120,000.
Correct Answer:
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