Singh Company manufacturers wheelchairs. Each wheelchair requires $325 of raw materials and $780 of conversion costs. Each wheelchair is sold for $1,500. Last month Singh completed 35 wheelchairs and sold 32 wheelchairs. The ending balance in finished goods inventory is:
A. $3,315.
B. $4,315.
C. $1,105.
D. $4,420.
E. $3,500.
Answer: A
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