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Assume the following information for the Blue Knights Corporation for the year ended December 31, 2018: Sales $2,250 Cost of goods manufactured for the year
Assume the following information for the Blue Knights Corporation for the year ended December 31, 2018:
Sales | $2,250 |
Cost of goods manufactured for the year | 1,350 |
Beginning finished goods inventory | 450 |
Ending finished goods inventory | 495 |
Selling and administrative expenses | 300 |
What is the cost of goods sold for the year ended December 31, 2018?
Select one:
a. $1,305
b. $1,605
c. $1,350
d. $1,650
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