Question
The following information pertains to the Ruby Corp: Beginning workinprocess inventory $71,000 Ending workinprocess inventory 86,000 Beginning finished goods inventory 175,000 Ending finished goods inventory
The following information pertains to the Ruby Corp:
| Beginning workinprocess inventory | $71,000 | |
| Ending workinprocess inventory | 86,000 | |
| Beginning finished goods inventory | 175,000 | |
| Ending finished goods inventory | 206,000 | |
| Cost of goods manufactured | 1,202,000 |
What is cost of goods sold?
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Interpreting and Analyzing Financial Statements
Authors: Karen P. Schoenebeck, Mark P. Holtzman
6th edition
132746247, 978-0132746243
