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Last month a manufacturing company had the following operating results: Beginning finished goods inventory $84,000 Ending finished good inventory $71,000 Sales $505,000 Gross Margin $63,000
Last month a manufacturing company had the following operating results:
| Beginning finished goods inventory | $84,000 |
| Ending finished good inventory | $71,000 |
| Sales | $505,000 |
| Gross Margin | $63,000 |
What was the cost of good manufactured for the month?
Question 1 options:
| $492,000 | |
| $429,000 | |
| $455,000 | |
| $442,000 |
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Audit Planning A Risk Based Approach
Authors: K. H. Spencer Pickett
1st Edition
047169052X, 978-0471690528
