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Ryder Manufacturing reported the following year end information: beginning work in process inventory $90,000; cost of goods manufactured $258,000; beginning finished goods inventory, $126,000; ending
Ryder Manufacturing reported the following year end information: beginning work in process inventory $90,000; cost of goods manufactured $258,000; beginning finished goods inventory, $126,000; ending work in process inventory, $110,000; and ending finished goods inventory, $132,000. Ryders cost of goods sold for the year is:
a. | $252,000 | |
b. | $264,000 | |
c. | $238,000 | |
d. | $126,000 |
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