Using the Following Cost Information Regarding Finished Goods, What Would

question 19

Multiple Choice

Using the following cost information regarding finished goods, what would be the ending value of the finished goods inventory if the market value of the goods is $300,000? $$\begin{array} { | l | r | } \hline & { \text { Cost } } \\\hline \text { Materials } & \$ 150,000 \\\hline \text { Costs to process into finished product } & 100,000 \\\hline\end{array}$$

• A)$ 0
• B)$100,000
• C)$150,000
• D)$250,000

---

Definitions:

Tall Organizations

Organizations characterized by having many levels of hierarchy and management layers between the top executives and the lower-ranking employees.

Organizational Layers

The levels of management in an organization.