What is the cost of good sold for company? Horizon Manufacturing has a beginning finished goods inventory of $22,500, cost of goodsmanufactured of $78,200, and an ending finished goods inventory of $19,800. What is thecost of goods sold for this company?A. $74,500B. $75,500C. $80,900D. $81,900

Step 1: Definition of Cost of Goods Sold (COGS)Cost of Goods Sold (COGS) represents the direct costs…

Answered: Horizon Manufacturing has a beginning…

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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Horizon Manufacturing has a beginning finished goods inventory of $22,500, cost of goods manufactured of $78,200, and an ending finished goods inventory of $19,800. What is the cost of goods sold for this company? A. $74,500 B. $75,500 C. $80,900 D. $81,900