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Aemas SARL has provided the following information regarding their inventories: Total Manufacturing Costs: $860,272 Work-in-Process inventory, Jan 1: $54,016 Work-in-Process inventory, Dec 31: $77,246 Finished
Aemas SARL has provided the following information regarding their inventories: Total Manufacturing Costs: $860,272 Work-in-Process inventory, Jan 1: $54,016 Work-in-Process inventory, Dec 31: $77,246 Finished Goods inventory, Jan 1: $180,617 Finished Goods inventory, Dec 31: $154,319 What is Cost of Goods Sold for the year?
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To calculate the Cost of Goods Sold COGS for the year we need to use the formula COGS Total Ma...
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Intermediate Accounting
Authors: Elizabeth A. Gordon, Jana S. Raedy, Alexander J. Sannella
1st edition
978-0133251579, 133251578, 013216230X, 978-0134102313, 134102312, 978-0132162302
