mms are omitted from each of the following three lists of cost of goods sold data f items, identifying them by letter. ed goods inventory, June 1 of goods manufactured of finished goods available for sale med goods inventory, June 30 of goods sold 000 $72,500 $23,200 369,800 (c) (a) $220,400 85,800 46,300 (b) (e) 81,200 $127,600 (1) (d) $117,400

FINANCIAL ACCOUNTING
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Author:Libby
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Chapter1: Financial Statements And Business Decisions
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Income Statement for a Manufacturing Company
Two items are omitted from each of the following three lists of cost of goods sold data from a manufacturing company income statement. Determine the amounts of the
missing items, identifying them by letter.
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
$72,500
369,800
$23,200
(c)
(a) $220,400
46,300
85,800
(b)
(e)
81,200
$127,600
(1)
(d) $117,400
Ⓒ
Transcribed Image Text:Income Statement for a Manufacturing Company Two items are omitted from each of the following three lists of cost of goods sold data from a manufacturing company income statement. Determine the amounts of the missing items, identifying them by letter. 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 $72,500 369,800 $23,200 (c) (a) $220,400 46,300 85,800 (b) (e) 81,200 $127,600 (1) (d) $117,400 Ⓒ
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