Question
Frederick Company's January 1, 2018 finished goods inventory was $73,000. The January 1, 2019 finished goods inventory is $48,000. Cost of goods manufactured for the
Frederick Company's January 1, 2018 finished goods inventory was $73,000. The January 1, 2019 finished goods inventory is $48,000. Cost of goods manufactured for the FY 2018 was $224,000. Use this information to determine the dollar amount of the FY 2018 cost of goods sold. (Round dollar values & enter as whole dollars only.)
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Principles Of Food Beverage And Labor Cost Controls
Authors: Paul R. Dittmer, J. Desmond Keefe III
9th Edition
0471783471, 978-0471783473
