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COTB MC Qu. 3-52 (Algo) Assume the... Assume the following: Beginning finished goods inventory $ 10,000 Ending finished goods inventory $ 8,600 Unadjusted cost of
COTB MC Qu. 3-52 (Algo) Assume the...
Assume the following:
| Beginning finished goods inventory | $ 10,000 |
|---|---|
| Ending finished goods inventory | $ 8,600 |
| Unadjusted cost of goods sold | $ 48,000 |
What is the cost of goods manufactured?
Multiple Choice
$50,000
$42,600
$46,600
$45,200
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Advanced Accounting
Authors: Joe Hoyle, Thomas Schaefer, Timothy Doupnik
10th edition
0-07-794127-6, 978-0-07-79412, 978-0077431808
