TB MC Qu. 14-146 (Algo) Use the following data to calculate... Use the following data to calculate the cost of goods sold for the period: Beginning Raw Materials Inventory $ 32,000 Ending Raw Materials Inventory 72,000 Beginning Work in Process Inventory 42,000 Ending Work in Process Inventory 48,000 Beginning Finished Goods Inventory 74,000 Ending Finished Goods Inventory 70,000 Cost of Goods Manufactured 248,000 Multiple Choice $248,000. $244,000. $292,000. $260,000. $252,000.
TB MC Qu. 14-146 (Algo) Use the following data to calculate... Use the following data to calculate the cost of goods sold for the period: Beginning Raw Materials Inventory $ 32,000 Ending Raw Materials Inventory 72,000 Beginning Work in Process Inventory 42,000 Ending Work in Process Inventory 48,000 Beginning Finished Goods Inventory 74,000 Ending Finished Goods Inventory 70,000 Cost of Goods Manufactured 248,000 Multiple Choice $248,000. $244,000. $292,000. $260,000. $252,000.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Transcribed Image Text:TB MC Qu. 14-146 (Algo) Use the following data to calculate... Use the following data to calculate the cost of goods sold
for the period: Beginning Raw Materials Inventory $ 32,000 Ending Raw Materials Inventory 72,000 Beginning Work in
Process Inventory 42,000 Ending Work in Process Inventory 48,000 Beginning Finished Goods Inventory 74,000 Ending
Finished Goods Inventory 70,000 Cost of Goods Manufactured 248,000
Multiple Choice
$248,000.
$244,000.
$292,000.
$260,000.
$252,000.
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