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holloway incorporated manufactures plane engines. at the end of 2022, they had $3.7 billion in finished goods, $400 million in work-in-process, and $150 million in raw materials. what is holloway’s inventory total?

Respuesta :

Holloway’s inventory total will be $4.25 billion. Thus, option A is correct.

What is manufacturing?

Manufacturing is the process of taking raw materials or other resources and turning them into finished goods or other commodities. This allows the business to make money by selling these products.

The given data:

finished goods= $3.7 billion = 3700 million

work-in-process = $400 million

raw materials = $150 million

inventory total = finished goods + raw materials + work-in-process

= 3700 + 400 + 150

= $4250 million = $4.250 billion.

Therefore, option A is the correct option.

Learn more about Manufacturing , here:

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The question is incomplete, the complete question will be:

A : $4.25 billion

B : $3.85 billion

C : $3.7 billion

D : $4.1 billion

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