Question
Beginning finished goods, 1/1/2018 $40 000 Ending finished goods, 12/31/2018 33 000 Cost of goods sold 250 000 Sales revenue 600 000 Operating expenses 120
Beginning finished goods, 1/1/2018 $40 000 Ending finished goods, 12/31/2018 33 000 Cost of goods sold 250 000 Sales revenue 600 000 Operating expenses 120 000 What is cost of goods manufactured for 2018?
A.
$350 000
B.
$243 000
C.
$250 000
D.
$257 000
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Intermediate Accounting Reporting and Analysis
Authors: James M. Wahlen, Jefferson P. Jones, Donald Pagach
3rd edition
9781337909402, 978-1337788281
