Question
The following information is available for Widget Inc. at month-end. Need to calculate the cost of goods sold: Cost of goods manufactured 450,000 Selling expenses
The following information is available for Widget Inc. at month-end. Need to calculate the cost of goods sold:
Cost of goods manufactured
450,000
Selling expenses
144,500
Administrative expenses
75,900
Sales
911,250
Finished goods inventory, July 1
101,250
Finished goods inventory, July 31
93,800
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Horngrens Accounting The Managerial Chapters
Authors: Tracie L. Miller Nobles, Brenda L. Mattison, Ella Mae Matsumura
12th edition
013448682X, 978-0134486826
