Question
Calculate the cost of goods sold (COGS) for AeroTech Aviation for the fiscal year 2023. Given the following data: Beginning Finished Goods Inventory: $60,000 Ending
Calculate the cost of goods sold (COGS) for “AeroTech Aviation” for the fiscal year 2023. Given the following data:
Beginning Finished Goods Inventory: $60,000
Ending Finished Goods Inventory: $45,000
Cost of Goods Manufactured: $300,000
Sales Revenue: $500,000
Selling and Administrative Expenses: $50,000
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Survey of Accounting
Authors: Thomas Edmonds, Christopher Edmonds, Philip Olds, Frances McNair, Bor Yi Tsay
5th edition
1259631125, 978-1259631122
