At a General Electric Plant They Produced 12,000 Jet Engines

question 87

Multiple Choice

At a General Electric Plant they produced 12,000 jet engines in May. General Electric was able to sell 11,000 of these engines. Calculate the total ending inventory cost assuming each engine cost $290,000.

• A)$1,000
• B)$290,000,000
• C)$2,900,000
• D)$920,000,000
• E)$2,999,000

---

Definitions:

Journalistic Approach

A method of gathering, assessing, creating, and presenting news and information based on the principles of journalism such as accuracy, fairness, and objectivity.

Brainstorming

A creative group problem-solving and idea-generation technique where participants suggest ideas without judgment in order to find a solution.

Indirect Approach

A method of communication where the main point is not stated directly at the beginning but revealed gradually.

Evidence

Information or facts used to support a claim, argument, or conclusion.