Ryder Manufacturing reported the following year end information: beginning work in process inventory S90,000; cost of goods manufactured $258,000; beginning finished goods inventory. $126,000; ending work in process inventory. $110,000; and ending finished goods inventory. S132.000. Ryders cost of goods sold for the year is: $252.000 b. $264,000 S235,000 d. S126,000

Managerial Accounting
15th Edition
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Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter2: Job Order Costing
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Problem 6BE: Cost of goods sold Pine Creek Company completed 200,000 units during the year at a cost of...
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Ryder Manufacturing reported the following year end information: beginning work in process inventory
$90,000; cost of goods manufactured $258,000; beginning finished goods inventory, $126,000; ending
work in process inventory. $110,000; and ending finished goods inventory. $132,000. Ryders cost of goods
sold for the year is:
a.
S252,000
b.
$264,000
$238,000
d.
S126,000
Transcribed Image Text:Ryder Manufacturing reported the following year end information: beginning work in process inventory $90,000; cost of goods manufactured $258,000; beginning finished goods inventory, $126,000; ending work in process inventory. $110,000; and ending finished goods inventory. $132,000. Ryders cost of goods sold for the year is: a. S252,000 b. $264,000 $238,000 d. S126,000
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