According to the information given in the table below, which of the following is Cost of Goods Sold? Cost of Production 169000 Opening stock of WIP 73000 Opening stock of FG 22000 Closing stock of WIP 18500 Closing stock of FG 11000 choose one a. 234500 b. 252300 c. 286400 d. 243000
According to the information given in the table below, which of the following is Cost of Goods Sold? Cost of Production 169000 Opening stock of WIP 73000 Opening stock of FG 22000 Closing stock of WIP 18500 Closing stock of FG 11000 choose one a. 234500 b. 252300 c. 286400 d. 243000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
According to the information given in the table below, which of the following is Cost of Goods Sold?
Cost of Production | 169000 |
Opening stock of WIP | 73000 |
Opening stock of FG | 22000 |
Closing stock of WIP | 18500 |
Closing stock of FG | 11000 |
choose one
a. 234500
b. 252300
c. 286400
d. 243000
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