Question
Calculate the cost of goods sold for a company with the following information: Item Amount ($) Beginning Finished Goods Inventory $12,540,000 Ending Finished Goods Inventory
Calculate the cost of goods sold for a company with the following information:
Item | Amount ($) |
Beginning Finished Goods Inventory | $12,540,000 |
Ending Finished Goods Inventory | $12,585,000 |
Cost of Goods Manufactured | $62,925,000 |
Selling and Administrative Expenses | $21,315,000 |
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Accounting Volume 1
Authors: Charles T. Horngren, Walter T. Harrison, Jo Ann L. Johnston, Carol A. Meissner, Peter R. Norwood
9th Canadian edition
978-013309863, 9780133128338, 013309863X, 133128334, 978-0132690096
