Alpine Manufacturing has $35,000 of ending finished goods inventory as of December 31, 2023. If beginning finished goods inventory was $28,000 and cost of goods sold (COGS) was $142,000, how much would Alpine report for cost of goods manufactured?
Alpine Manufacturing has $35,000 of ending finished goods inventory as of December 31, 2023. If beginning finished goods inventory was $28,000 and cost of goods sold (COGS) was $142,000, how much would Alpine report for cost of goods manufactured?
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter2: Basic Cost Management Concepts
Section: Chapter Questions
Problem 3CE: Pietro expects to produce 50,000 units and sell 49,300 units. Beginning inventory of finished goods...
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Transcribed Image Text:Alpine Manufacturing has $35,000 of ending finished goods inventory
as of December 31, 2023. If beginning finished goods inventory was
$28,000 and cost of goods sold (COGS) was $142,000, how much
would Alpine report for cost of goods manufactured?
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