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Сcal ШУ СПОпсе Question 4. During its first year of operations, Connor Company paid $50,000 for direct materials and $36,000

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Answer #1

Total manufacturing costs

= Direct Materials 50,000 + Direct Labor 36,000 + Lease payments 14,000 = $100,000

Average manufacturing cost per unit = 100,000/5,000 = 20 per unit

Value of finished goods inventory

= (5,000 - 4,000) * 20

= $20,000

Option D

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