Question
Pharoah Corporation has $26000 of ending finished goods inventory at December 31. If beginning finished goods inventory was $22000 and cost of goods sold was
Pharoah Corporation has $26000 of ending finished goods inventory at December 31. If beginning finished goods inventory was $22000 and cost of goods sold was $46000, how much would Pharoah Corporation report as cost of goods manufactured?
A.$50000.
B.$68000.
C.$4000.
D.$94000
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Financial Accounting
Authors: Kermit D. Larson, William W. Pyle
4th Edition
0256067813, 978-0256067811
