Brock Company makes candy. During the most recent accounting period, Brock paid $5,250 for raw...
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Accounting
Brock Company makes candy. During the most recent accounting period, Brock paid $5,250 for raw materials, $6,250 for labor, and $6,500 for overhead costs that were incurred to make candy. Brock started and completed 18,182 units of candy, of which 12,500 were sold. Based on this information, the balance in the inventory account on Brocks balance sheet would be Just so you know, please don't round intermediate calculations.
Multiple Choice
$5,625.
$5,682.
$18,000.
None of the above.
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