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cost of good sold tim makes bicycles. during the year, tim manufactured 75,000 bicycles. finishes good inventory had the following units. Jan 1. 8,350 Dec
cost of good sold
tim makes bicycles. during the year, tim manufactured 75,000 bicycles. finishes good inventory had the following units.
Jan 1. 8,350 Dec 31. 8,770
Required: 1. how many bicyles did tim sell during the year? ___________ units
2. if each bicycle had a product cost of $1,000, what was the cost of goods sold last year? ___________ $
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