Question
For the year, ABC ltd has the costs of goods manufactured of $50,000. The beginning finished goods inventory of $20,000, and ending finished goods inventory
For the year, ABC ltd has the costs of goods manufactured of $50,000. The beginning finished goods inventory of $20,000, and ending finished goods inventory of $25,000. What is the cost of goods sold for May?
Select one:
a. $50,000
b. $45,000
c. $40,000
d. $55,000
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Managerial Accounting
Authors: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer
13th Edition
978-0073379616, 73379611, 978-0697789938
