The cost of goods sold for this company is ? High Return Manufacturing company has abeginning finished goods inventoryraw materialof $19,600,purchasesof $28,000, cost of goods manufacturedof $36,500, and an ending finished goods.inventory of $22,800. The cost of goodssold for this company is?

To calculate the cost of goods sold (COGS) for High Return Manufacturing company, we can use the…

Answered: High Return Manufacturing company has a…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter5: Process Costing

Section: Chapter Questions

Problem 12EA: What are the total costs to account for if a companys beginning inventory had $231,432 in materials,...

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Pietro expects to produce 50,000 units and sell 49,300 units. Beginning inventory of finished goods is 42,500, and ending inventory of finished goods is expected to be 34,000. Required: 1. Prepare a statement of cost of goods sold in good form. 2. What if the beginning inventory of finished goods decreased by 5,000? What would be the effect on the cost of goods sold?
High Return Manufacturing company has a beginning finished goods inventory of $19,600, raw material purchases of $28,000, cost of goods manufactured of $36,500, and an ending finished goods inventory of $22,800. The cost of goods sold for this company is?solve this?
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High Return Manufacturing company has a beginning finished goods inventory raw material of $19,600, purchases of $28,000, cost of goods manufactured of $36,500, and an ending finished goods. inventory of $22,800. The cost of goods sold for this company is?