A manufacturing company has a beginning finished goods inventory of $14,300, raw material - 10470

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Request Description

 

A manufacturing company has a beginning finished goods inventory of $14,300, raw material purchases of $18,000, cost of goods manufactured of $32,800, and an ending finished goods inventory of $16,300. The cost of goods sold for this company is:

 

Answer

 

 

$21,200

 

$12,800

 

$30,800

 

$47,100

 

$48,800

 

Solution Description

 

A manufacturing company has a beginning finished goods inventory of $14,300, raw material purchases of $18,000, cost of goods manufactured of $32,800, and an ending finished goods inventory of $16,300. The cost of goods sold for this company is:

 

Answer