Superior Manufacturing reported the following data for the last fiscal year: • • • • Beginning finished goods inventory: $23,500 Raw material purchases: $27,800 Cost of goods manufactured: $48,900 Ending finished goods inventory: $19,800 What is the cost of goods sold for Superior Manufacturing? a) $52,600 b) $80,400 c) $46,800 d) $52,100 e) $52,900

Superior Manufacturing reported the following data for the last fiscal year: • • • • Beginning finished goods inventory: $23,500 Raw material purchases: $27,800 Cost of goods manufactured: $48,900 Ending finished goods inventory: $19,800 What is the cost of goods sold for Superior Manufacturing? a) $52,600 b) $80,400 c) $46,800 d) $52,100 e) $52,900

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter2: Job Order Costing

Section: Chapter Questions

Problem 6BE: Cost of goods sold Pine Creek Company completed 200,000 units during the year at a cost of...

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