Question
You are given the following selected information for 2020 related to HELAL Manufacturing company: Sales Revenue $15,000 Beginning Finished Goods Inventory 11,000 Ending Finished Goods
You are given the following selected information for 2020 related to HELAL Manufacturing company:
| Sales Revenue | $15,000 |
| Beginning Finished Goods Inventory | 11,000 |
| Ending Finished Goods Inventory | 9500 |
| Cost of Goods Manufactured | 19,600 |
| Operating Expenses | 4,400 |
Compute cost of goods sold.
Select one:
a. $19,600
b. $18,100
c. $29,100
d. $21,100
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Survey of Accounting
Authors: Carl S Warren
5th Edition
9780538489737, 538749091, 538489731, 978-0538749091
