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Bob's Bistro expects to produce 53,200 units and sell 52,500 units. Beginning inventory of finished goods is $40,500, and ending inventory of finished goods is
Bob's Bistro expects to produce 53,200 units and sell 52,500 units. Beginning inventory of finished goods is $40,500, and ending inventory of finished goods is expected to be $32,000 Required: 1. Prepare a statement of cost of goods sold in good form. 2. What if the beginning inventory of finished goods increased by $3,500 ? What would be the effect on the cost of goods sold? by $
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