Question
1. Beau Company reported the following: Cost of Goods Manufactured $700,000; Beginning Raw Materials Inventory $400,000; Ending Raw Materials Inventory $450,000; Beginning Finished Goods Inventory
1. Beau Company reported the following: Cost of Goods Manufactured $700,000; Beginning Raw Materials Inventory $400,000; Ending Raw Materials Inventory $450,000; Beginning Finished Goods Inventory $50,000; Ending Finished Goods Inventory $200,000. Cost of Goods Sold would be:
a. $ 500,000
b. 550,000
c. 600,000
d. 650,000
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Financial & Managerial Accounting For Undergraduates
Authors: Jason Wallace, James Nelson, Karen Christensen, Theodore Hobson, Scott L. Matthews
2nd Edition
161853310X, 9781618533104
