Question
Barger Company had the following information at December 31: Finished goods inventory, January 1 $30,000 Finished goods inventory, December 31 42,000 If the cost of
Barger Company had the following information at December 31:
Finished goods inventory, January 1 $30,000
Finished goods inventory, December 31 42,000
If the cost of goods manufactured during the year amounted to $665,000 and annual sales were $998,000, how much is the amount of gross profit for the year?
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Financial and Managerial Accounting the basis for business decisions
Authors: Jan Williams, Susan Haka, Mark Bettner, Joseph Carcello
16th edition
0077664078, 978-0077664077, 78111048, 978-0078111044
