The Handy Helper Company manufactures pot holders. Handy Helpers finished goods ledger card for pot holders show that 22 were completed at a cost of $15.25 per unit on February 23; and 15 were completed at a cost of $16.75 per unit on February 28. If 10 units at a cost of $15.25 were shipped, and if there was no beginning inventory, what is the total finished goods inventory of this item?

INTRODUCTION TO COST ACCOUNTING

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

The Handy Helper Company manufactures pot holders. Handy Helper’s finished goods ledger card for pot holders show that 22 were completed at a cost of $15.25 per unit on February 23; and 15 were completed at a cost of $16.75 per unit on February 28. If 10 units at a cost of $15.25 were shipped, and if there was no beginning inventory, what is the total finished goods inventory of this item?

A	$586.75
B	$434.25
C	$434.25
D	$524.50

Explanation:

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