Solved: What is the total amount of inventory at year end, Cost Accounting

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What is the total amount of inventory at year end

Response to the following problem:

On December 31, Pitts Manufacturing Company reports the following assets:

Cash	$ 50,000	Raw materials	$ 74,000
Work in process	176,000	Marketable unlinks	25.000
Equipment	950,000	Finished goods	150,000
Building	1,200,000	Goodwill	50,000

What is the total amount of Pitts Manufacturing Company's inventory at year end?

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Cost Accounting: What is the total amount of inventory at year end

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Cost Accounting: What is the total amount of inventory at year end

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