Question
The following is the year ended data for Baker Company: Sales Revenue $157,000 Cost of Goods Manufactured 128,000 Beginning Finished Goods Inventory 10,000 Ending Finished
The following is the year ended data for Baker Company:
| Sales Revenue | $157,000 |
| Cost of Goods Manufactured | 128,000 |
| Beginning Finished Goods Inventory | 10,000 |
| Ending Finished Goods Inventory | 12,000 |
| Selling Expenses | 5,900 |
| Administrative Expenses | 13,200 |
What is the cost of goods sold?
A. $126,000
B. $29,000
C. $11,900
D. $31,000
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College Accounting Chapters 1-30
Authors: David Haddock, John Price, Michael Farina
16th Edition
1260247902, 978-1260247909
