Question
Income Statement for a Manufacturing Company Two items are omitted from each of the following three lists of cost of goods sold data from
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 $67,600 $18,900 (e) Cost of goods manufactured 358,300 (c) 66,200 Cost of finished goods available for sale (a) $179,600 $104,000 Finished goods inventory, June 30 Cost of goods sold 82,600 37,700 (f) (b) (d) $95,700 a. b. C. d. e. f. 000000 X X X X X X A
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Accounting
Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac
22nd Edition
324401841, 978-0-324-6250, 0-324-62509-X, 978-0324401844
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