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Unimart Precision Manufacturing Beginning inventory Merchandise $ 265,000 Finished goods $ 530,000 Cost of purchases 570,000 Cost of goods manufactured 760,000 Ending inventory Merchandise 165,000
| Unimart | Precision Manufacturing | ||||||||
| Beginning inventory | |||||||||
| Merchandise | $ | 265,000 | |||||||
| Finished goods | $ | 530,000 | |||||||
| Cost of purchases | 570,000 | ||||||||
| Cost of goods manufactured | 760,000 | ||||||||
| Ending inventory | |||||||||
| Merchandise | 165,000 | ||||||||
| Finished goods | 159,000 | ||||||||
Compute cost of goods sold for each of these two companies for the year.
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Disruption In The Audit Market
Authors: Krish Bhaskar, John Flower
1st Edition
0367220660, 978-0367220662
