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Use the following data to calculate the cost of goods sold for the period: Beginning Raw Materials Inventory $ 31,000 Ending Raw Materials Inventory 71,000
Use the following data to calculate the cost of goods sold for the period:
Beginning Raw Materials Inventory | $ 31,000 |
---|---|
Ending Raw Materials Inventory | 71,000 |
Beginning Work in Process Inventory | 41,000 |
Ending Work in Process Inventory | 47,000 |
Beginning Finished Goods Inventory | 73,000 |
Ending Finished Goods Inventory | 69,000 |
Cost of Goods Manufactured | 247,000 |
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