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The following information pertains to the XYZ Corporation: Beginning raw materials inventory $43,000 Ending raw materials inventory $57,000 Beginning work-in-process inventory $74,000 Ending work-in-process
The following information pertains to the XYZ Corporation: Beginning raw materials inventory $43,000 Ending raw materials inventory $57,000 Beginning work-in-process inventory $74,000 Ending work-in-process inventory $82,000 Beginning finished goods inventory $171,000 Ending finished goods inventory $200,000 Cost of goods manufactured $1,200,000 Sales $1,200,000 What is cost of goods sold? Instructions: Input your answer without using a dollar sign, comma or cents. For example, if your answer is 10000, input your answer as 10000 (and NOT $10000, or $10,000 or 10,000.00 or $10,000.00)
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