During April, the Meade Enterprises had the following operating results: Sales revenue $ 1,500,000 Gross margin $ 600,000 Ending work-in-process inventory $ 50,000 Beginning work-in-process inventory $ 80,000 Ending finished goods inventory $ 100,000 Beginning finished goods inventory $ 125,000 Marketing costs $ 250,000 Administrative costs $ 150,000 What is the cost of goods manufactured for April?
During April, the Meade Enterprises had the following operating results: Sales revenue $ 1,500,000 Gross margin $ 600,000 Ending work-in-process inventory $ 50,000 Beginning work-in-process inventory $ 80,000 Ending finished goods inventory $ 100,000 Beginning finished goods inventory $ 125,000 Marketing costs $ 250,000 Administrative costs $ 150,000 What is the cost of goods manufactured for April?
Chapter1: Financial Statements And Business Decisions
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During April, the Meade Enterprises had the following operating results:
What is the cost of goods manufactured for April?
| Sales revenue | $ | 1,500,000 | |
| Gross margin | $ | 600,000 | |
| Ending work-in-process inventory | $ | 50,000 | |
| Beginning work-in-process inventory | $ | 80,000 | |
| Ending finished goods inventory | $ | 100,000 | |
| Beginning finished goods inventory | $ | 125,000 | |
| Marketing costs | $ | 250,000 | |
| Administrative costs | $ | 150,000 |
What is the cost of goods manufactured for April?
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