Allyson Ashley makes jet skis. During the year, Allyson manufactured 94,000 jet skis. Finished goods inventory had
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Allyson Ashley makes jet skis. During the year, Allyson manufactured 94,000 jet skis. Finished goods inventory had the following units:
January 1...............................6,800
December 31...........................7,200
Required:
1. How many jet skis did Allyson sell during the year?
2. If each jet ski had a product cost of $2,200, what was the cost of goods sold last year?
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Related Book For
Managerial Accounting The Cornerstone of Business Decision Making
ISBN: 978-1337115773
7th edition
Authors: Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
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