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Bike Corp had no beginning inventories, finished 40,000 units, and sold 36,000 units. There were...

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Accounting

Bike Corp had no beginning inventories, finished 40,000 units, and sold 36,000 units. There were no ending inventories of materials or work in process. Materials purchased and used were $225,000; direct labor and overhead were $170,000. Ending inventory would be valued at

a. $17,000

b. $22,500

c. $39,500

d. some other number

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