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Jorst Manufacturing Company Began Business on January 1, 2012

Question 107

Multiple Choice

Jorst Manufacturing Company began business on January 1, 2012. During its first year of operation, Jorst worked on 5 industrial jobs, and reported the following information at year-end: Jorst Manufacturing Company began business on January 1, 2012. During its first year of operation, Jorst worked on 5 industrial jobs, and reported the following information at year-end:   At year-end, what was the balance in Finished goods? A) $90,500 B) $19,500 C) $42,500 D) $45,000 At year-end, what was the balance in Finished goods?


A) $90,500
B) $19,500
C) $42,500
D) $45,000

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