Question
Cost of goods manufactured by Hobte & Co for July is $419,000. At the end of July, the company had a finished goods inventory of
Cost of goods manufactured by Hobte & Co for July is $419,000. At the end of July, the company had a finished goods inventory of $98,000. Cost of goods sold during June and July are $400,000 and $405,000 respectively. What is the finished goods inventory at the end of June?
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Operational Risk Management
Authors: Mark D Abkowitz
1st Edition
0470256982, 9780470256985
