An examination of Shorter Corporation's inventory accounts revealed the following information: Raw materials, June 1:...

70.2K

Verified Solution

Question

Accounting

An examination of Shorter Corporation's inventory accounts revealed the following information: Raw materials, June 1: 46,000 units Raw materials, June 30: 51,000 units Purchases of raw materials during June: 185,000 units Shorter's finished product requires four units of raw materials. On the basis of this information, how many finished products were manufactured during June?

Answer Options

70,500.

None of the other answers are correct.

45,000.

57,750.

47,500.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students