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The following information was provided by Wilson Co. for the year just ended: Beginning finished goods inventory $200,000 Ending finished goods inventory $100,000 Sales $900,000
The following information was provided by Wilson Co. for the year just ended:
| Beginning finished goods inventory | $200,000 |
| Ending finished goods inventory | $100,000 |
| Sales | $900,000 |
| Gross Margin | $200,000 |
The cost of goods manufactured for the year was?
| a. | $500,000 | |
| b. | $600,000 | |
| c. | $300,000 | |
| d. | $200,000 |
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Horngrens Financial & Managerial Accounting The Financial Chapters
Authors: Tracie L. Miller Nobles, Brenda L. Mattison, Ella Mae Matsumura
4th Edition
0133255573, 978-0133255577
