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The beginning balance in Finished Goods Inventory is $50,000, the ending balance in Finished Goods Inventory is $100,000, and Cost of Goods Manufactured is $200,000.
The beginning balance in Finished Goods Inventory is $50,000, the ending balance in Finished Goods Inventory is $100,000, and Cost of Goods Manufactured is $200,000. What is Cost of Goods Sold?
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| $100,000 |
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| $250,000 |
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| $150,000 |
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| None of the above. |
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