According to the information given in the table below, which of the following is Cost of Goods Sold? Cost of Production 255600 Opening stock of WIP 43800 Opening stock of FG 24000 Closing stock of WIP 19400 Closing stock of FG 940 units Total production units 5600 Select one: a. 263000 b. 257000 c. 293000 d. 295800

According to the information given in the table below, which of the following is Cost of Goods Sold? Cost of Production 255600 Opening stock of WIP 43800 Opening stock of FG 24000 Closing stock of WIP 19400 Closing stock of FG 940 units Total production units 5600 Select one: a. 263000 b. 257000 c. 293000 d. 295800

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Cost of Production	255600
Opening stock of WIP	43800
Opening stock of FG	24000
Closing stock of WIP	19400
Closing stock of FG	940 units
Total production units	5600