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Finished goods inventory, June 1 Cost of goods manufactured Cost of finished goods available for sale Finished goods inventory, June 30 Cost of goods sold $ 116,600 825,900 $ 38,880 (c) $540,000 (e) 180,000 (a) $1,100,000 130,000 70,000 (f) (b) (d) $ 945,000

Finished goods inventory, June 1 Cost of goods manufactured Cost of finished goods available for sale Finished goods inventory, June 30 Cost of goods sold $ 116,600 825,900 $ 38,880 (c) $540,000 (e) 180,000 (a) $1,100,000 130,000 70,000 (f) (b) (d) $ 945,000

FINANCIAL ACCOUNTING
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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Finished goods inventory, June 1 Cost of goods manufactured Cost of finished goods available for sale Finished goods inventory, June 30 Cost of goods sold $ 116,600 825,900 $ 38,880 (e) (c) 180,000 $1,100,000 (a) $540,000 130,000 70,000 (f) (b) (d) $ 945,000
Transcribed Image Text:Finished goods inventory, June 1 Cost of goods manufactured Cost of finished goods available for sale Finished goods inventory, June 30 Cost of goods sold $ 116,600 825,900 $ 38,880 (e) (c) 180,000 $1,100,000 (a) $540,000 130,000 70,000 (f) (b) (d) $ 945,000
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