Income Statement for a Manufacturing Company Two items are omitted from each of the following three...
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Income Statement for a Manufacturing Company Two items are omitted from each of the following three lists of cost of goods sold data from a manufacturing company income statement. Determine the amounts of the missing items, identifying them by letter. Finished goods inventory, June 1 $15,300 Cost of goods manufactured Cost of finished goods available for sale Finished goods inventory, June 30 Cost of goods sold b. d. e. f. S S S S $ S $52,700 284,600 (a) 65,400 (b) $145,400 30,500 53,600 $84,200 (f) (d) $77,500 Income Statement for a Manufacturing Company Two items are omitted from each of the following three lists of cost of goods sold data from a manufacturing company income statement. Determine the amounts of the missing items, identifying them by letter. Finished goods inventory, June 1 $15,300 Cost of goods manufactured Cost of finished goods available for sale Finished goods inventory, June 30 Cost of goods sold b. d. e. f. S S S S $ S $52,700 284,600 (a) 65,400 (b) $145,400 30,500 53,600 $84,200 (f) (d) $77,500
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Related Book For
Accounting
ISBN: 978-0324401844
22nd Edition
Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac
Posted Date:
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