QUESTION 19 Consider the following balances from a company's budget: (this data will be used in Q13 to Q19) Cost of goods manufactured Cost of goods sold expense - adjustment Direct manufacturing labor Finished Goods - Closing balance Finished Goods - Opening balance Gross Profit Manufacturing costs incurred Materials - Closing balance Materials - Used Operating income Period Costs Purchases Revenue Variable manufacturing overhead Work in Process - Opening balance 1,290 100 550 185 210 1,585 1,300 140 225 -100 1,685 165 3,000 400 300 What is the value of "Cost of Goods Sold expense - actual"? [enter answer as a number, do not enter "$" signs or comma's]

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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QUESTION 19
Consider the following balances from a company's budget: (this data will be used in Q13 to Q19)
Cost of goods manufactured
Cost of goods sold expense - adjustment
Direct manufacturing labor
Finished Goods - Closing balance
Finished Goods - Opening balance
Gross Profit
Manufacturing costs incurred
Materials - Closing balance
Materials - Used
Operating income
Period Costs
Purchases
Revenue
Variable manufacturing overhead
Work in Process - Opening balance
1,290
100
550
185
210
1,585
1,300
140
225
-100
1,685
165
3,000
400
300
What is the value of "Cost of Goods Sold expense - actual" ? [enter answer as a number, do not enter "$" signs or comma's]
Transcribed Image Text:QUESTION 19 Consider the following balances from a company's budget: (this data will be used in Q13 to Q19) Cost of goods manufactured Cost of goods sold expense - adjustment Direct manufacturing labor Finished Goods - Closing balance Finished Goods - Opening balance Gross Profit Manufacturing costs incurred Materials - Closing balance Materials - Used Operating income Period Costs Purchases Revenue Variable manufacturing overhead Work in Process - Opening balance 1,290 100 550 185 210 1,585 1,300 140 225 -100 1,685 165 3,000 400 300 What is the value of "Cost of Goods Sold expense - actual" ? [enter answer as a number, do not enter "$" signs or comma's]
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