Question
The following information is for Montreal Gloves Inc. for the year 2020: Manufacturing costs Number of gloves manufactured Beginning inventory $ 3,016,700 311,000 pairs
The following information is for Montreal Gloves Inc. for the year 2020: Manufacturing costs Number of gloves manufactured Beginning inventory $ 3,016,700 311,000 pairs 0 pairs Sales in 2020 were 310,000 pairs of gloves for $ 21 per pair. What is the cost of goods sold for 2020? (Round cost per unit to 2 decimal places, e.g. 15.25 and final answer to 0 decimal places, e.g. 125.) Cost of goods sold $ 6230300
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