According to the information given in the table below, which of the following is Cost of Goods Sold? Cost of Production 205000 Opening stock of WIP Opening stock of FG Closing stock of WIP Closing stock of FG Total production units 38000 19000 23000 500 units 2000

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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According to the information given in the table below,
which of the following is Cost of Goods Sold?
Cost of Production
205000
Opening stock of WIP
38000
Opening stock of FG
Closing stock of WIP
Closing stock of FG
Total production units
19000
23000
500 units
2000
Select one:
a. 201000
O b. 189000
O c. 184000
O d. 193000
Transcribed Image Text:According to the information given in the table below, which of the following is Cost of Goods Sold? Cost of Production 205000 Opening stock of WIP 38000 Opening stock of FG Closing stock of WIP Closing stock of FG Total production units 19000 23000 500 units 2000 Select one: a. 201000 O b. 189000 O c. 184000 O d. 193000
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