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Is this an accurate calculation of costs of good sold for a manufacturing corporation? Beginning Inventory 0 Purchases 560,000 Returns -5,000 Available for sale 555,000
Is this an accurate calculation of costs of good sold for a manufacturing corporation? Beginning Inventory 0 | |
Purchases | 560,000 |
Returns | -5,000 |
Available for sale | 555,000 |
Ending Inventory | -133000 |
Factory Salaries | 106,000 |
Depreciation | -100,000 |
Cost of Goods Sold | 428,000 |
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