Amoeba Manufacturing Inc

question 4

Multiple Choice

Amoeba Manufacturing Inc.provided the following information for the year 2015: The inventory account balances as of January 1^st 2015 are given below.

-What is the ending balance in the Work-in-Process Inventory account?

• A)$24,650
• B)$12,000
• C)$49,500
• D)$65,350

---

Definitions:

Selling Price

The price at which goods or services are offered to buyers.

Stock Today

The current price or performance of a company's shares in the stock market.

Dividend Yield

A metric that reveals the annual dividend payments of a company as a proportion of its current stock price.

Preferred Stock

A class of ownership in a corporation with a higher claim on assets and earnings than common stock, usually without voting rights.