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I. Solve for the Cost of Goods Sold 2. Beginning inventory 87,500 Ending inventory 25,487 Purchases 5,800 3. Cost of goods manufactured 570,000 Beginning finished

I. Solve for the Cost of Goods Sold

2. Beginning inventory 87,500

Ending inventory 25,487

Purchases 5,800

3. Cost of goods manufactured 570,000

Beginning finished goods inventory 800,000

Ending finished goods inventory 250,000

4. Cost of goods available for sale 265,000

Ending finished goods inventory 158,000

Cost of goods manufactured 100,000

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