Question: The following information relates to the operations of Vazya +Company: Finished Goods Inventory, beginning $85,400 Finished Goods Inventory, ending Cost of goods available for sale $45,100 $237,800 A. What was Vazya's cost of goods manufactured for the period? B. What was Vazya's cost of goods sold for the period?

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter10: Inventory
Section: Chapter Questions
Problem 6PB: Use the last-in, first-out method (LIFO) cost allocation method, with perpetual inventory updating,...
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Cost of goods sold for the period ?

Question:
The following information relates to the operations of Vazya
+Company:
Finished Goods Inventory, beginning $85,400
Finished Goods Inventory, ending
Cost of goods available for sale
$45,100
$237,800
A. What was Vazya's cost of goods manufactured for the period?
B. What was Vazya's cost of goods sold for the period?
Transcribed Image Text:Question: The following information relates to the operations of Vazya +Company: Finished Goods Inventory, beginning $85,400 Finished Goods Inventory, ending Cost of goods available for sale $45,100 $237,800 A. What was Vazya's cost of goods manufactured for the period? B. What was Vazya's cost of goods sold for the period?
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