Question
Cost of Goods Sold Allyson Ashley makes jet skis. During the year, Allyson manufactured 97,600 jet skis. Finished goods inventory had the following units: January
Cost of Goods Sold
Allyson Ashley makes jet skis. During the year, Allyson manufactured 97,600 jet skis. Finished goods inventory had the following units:
| January 1 | 5,900 |
| December 31 | 7,400 |
Required:
| 1. | How many jet skis did Allyson sell during the year? | |
fill in the blank 2 units |
| 2. | If each jet ski had a product cost of $3,200, what was the cost of goods sold last year? | |
| $fill in the blank 3 |
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Educational Foundations
Authors: Leslie Kaplan, James D Stice, William Owings
2nd Edition
1285968298, 9781285968292
