Kennedy's report for cost of goods manufactured?? Kennedy Inc has $23,800 of ending finishedgoods inventory as of Dec. 31, 2013. Ifbeginning finished goods inventory was$16,300 and COGS was $72,000, how muchwould Kennedy report for cost of goodsmanufactured.

Explanation of Cost of Goods Manufactured (COGM): Cost of goods manufactured represents the total…

Answered: Kennedy Inc has $23,800 of ending…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter4: Job Order Costing

Section: Chapter Questions

Problem 4EB: Masonrys records show the raw materials inventory had purchases of $1,000and an ending raw materials...

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Kennedy Inc has $23,800 of ending finished goods inventory as of Dec. 31, 2013. If beginning finished goods inventory was $16,300 and COGS was $72,000, how much would Kennedy report for cost of goods manufactured.
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Kennedy Inc has $23,800 of ending finished goods inventory as of Dec. 31, 2013. If beginning finished goods inventory was $16,300 and COGS was $72,000, how much would Kennedy report for cost of goods manufactured.