Rocha Noel Inc had cost of goods sold of $123,200 for the current year ended December 31 The finished goods inventory on January 1 was $30,800, and the finished goods inventory on December 31 was $18,700 What was the amount of cost of goods manufactured for the year Group of answer choices $129,000 $111,100 $67,000 $113,000

Question

Rocha   Noel Inc  had cost of goods sold of $123,200 for the current year ended December 31  The finished goods inventory on January 1 was $30,800, and the finished goods inventory on December 31 was $18,700  What was the amount of cost of goods manufactured for the year  Group of answer choices $129,000 $111,100 $67,000 $113,000

Accepted Answer

The Answer is in the image, click to view ...

Question

Rocha & Noel Inc. had cost of goods sold of $123,200 for the current year ended December 31. The finished goods inventory on January 1

Step by Step Solution

Step: 1

Get Instant Access with AI-Powered Solutions

Step: 2

Step: 3

Ace Your Homework with AI