Question
The Finished Goods Inventory and the Cost of Goods Sold for a manufacturing company for the year 2014 are as follows: May 1 Finished Goods
The Finished Goods Inventory and the Cost of Goods Sold for a manufacturing company for the year 2014 are as follows: May 1 Finished Goods Inventory, $470,500; May 31 Finished Goods Inventory, $125,000; Cost of Goods Sold for the year, $1,110,000. The cost of goods manufactured for the month was
| a. | $985,000. | |
| b. | $595,500. | |
| c. | $1,455,500. | |
| d. | $764,500. |
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Assurance And Auditing
Authors: Thomas Nelson
1st Edition
0170111342, 978-0170111348
