Given the following data for Scurry Company, what is the cost of goods sold?Beginning inventory of finished goods $100,000Cost of goods manufactured700,000Ending inventory of finished goods200,000Beginning work-in-process inventory300,000Ending work-in-process inventory50,000Select one:a. $600,000b. $950,000c. $500,000d. $800,000

Given the following data for Scurry Company, what is the cost of goods sold? Beginning inventory of finished goods $100,000 Cost of goods manufactured 700,000 200,000 300,000 50,000 Ending inventory of finished goods Beginning work-in-process inventory Ending work-in-process inventory Select one: O a. $600,000 b. $950,000 c. $500,000 d. $800,000

Given the following data for Scurry Company, what is the cost of goods sold? Beginning inventory of finished goods $100,000 Cost of goods manufactured 700,000 200,000 300,000 50,000 Ending inventory of finished goods Beginning work-in-process inventory Ending work-in-process inventory Select one: O a. $600,000 b. $950,000 c. $500,000 d. $800,000

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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uols A moodle1.du.edu.om Prime cost is 236000 OMR, and cost of production for the year is 355000 OMR Opening stock of work in progress is 4000, and closing stock of Work in progress is 5000 OMR, Opening stock of finished goods is 20000, and closing stock of finished goods is 13750 OMR, Cost of goods manufactured 358500 OMR Calculate cost of goods available for sale Select one: a. None of these O b. 395000 OMR O c. 385500 OMR O d. 378500 OMR Previous page Next page ASSIGNMENT 1 Jump to... Quiz navigation 200 1 2 3 5 6 7 8 || 9 4. II
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