For the Month of December,its First Month of Operations,the Radcliffe

question 20

Multiple Choice

For the month of December,its first month of operations,the Radcliffe Corporation completed and transferred 800 units of product costing $80,000 to produce to Finished Goods Inventory.If Radcliffe sold 650 units during the same month,how much was cost of goods sold for the same period?

• A)$80,000
• B)$8,000
• C)$6,500
• D)$65,000