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Income Statement for a Manufacturing Company Income Statement for a Manufacturing Company Two items are omitted from each of the following three lists of cost
Income Statement for a Manufacturing Company
Income Statement for a Manufacturing Company Two items are omitted from each of the following three lists of cost of goods sold data from a manufacturing company income statement. Determine the amounts of the missing items, identifying them by letter. Finished goods inventory, June 1 Cost of goods manufactured Cost of finished goods available for sale Finished goods inventory, June 30 Cost of goods sold b. d. $116,600 825,goo (a) 130,000 $38,880 $540,000 70,000 180,000 945,000
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