Telt 0462 Kelly Company had finished goods inventory $3,200 on January 1 and $4,000 on December 31. During the year, cost of goods sold was $14,200. Cost of goods manufactured was: O a. $21,400 O b. $11,000 O c. $15,000 O d. $17,400
Telt 0462 Kelly Company had finished goods inventory $3,200 on January 1 and $4,000 on December 31. During the year, cost of goods sold was $14,200. Cost of goods manufactured was: O a. $21,400 O b. $11,000 O c. $15,000 O d. $17,400
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Topic Video
Question
![Kelly Company had finished goods inventory $3,200 on January 1 and $4,000 on December 31. During the year, cost of goods sold was
$14,200. Cost of goods manufactured was:
bage
O a. $21,400
O b. $11,000
O c. $15,000
O d. $17,400
cianmont Groun Accionmont on Joh
ype here to search
W
S
£
E
D
$
C
O HI
R
F
%
5
G
O
G
6
#
B
C
&
7
H
N
W
9
M
N
Time left 0:462
0
Next page
PH
27°C Ligh](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F93f0062c-37da-4975-bd5c-ddf61a91c677%2Fbdf50757-2cfd-458b-8e2e-936bd819acac%2F6psm8ja_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Kelly Company had finished goods inventory $3,200 on January 1 and $4,000 on December 31. During the year, cost of goods sold was
$14,200. Cost of goods manufactured was:
bage
O a. $21,400
O b. $11,000
O c. $15,000
O d. $17,400
cianmont Groun Accionmont on Joh
ype here to search
W
S
£
E
D
$
C
O HI
R
F
%
5
G
O
G
6
#
B
C
&
7
H
N
W
9
M
N
Time left 0:462
0
Next page
PH
27°C Ligh
Expert Solution
![](/static/compass_v2/shared-icons/check-mark.png)
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.Recommended textbooks for you
![FINANCIAL ACCOUNTING](https://compass-isbn-assets.s3.amazonaws.com/isbn_cover_images/9781259964947/9781259964947_smallCoverImage.jpg)
![Accounting](https://www.bartleby.com/isbn_cover_images/9781337272094/9781337272094_smallCoverImage.gif)
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
![Accounting Information Systems](https://www.bartleby.com/isbn_cover_images/9781337619202/9781337619202_smallCoverImage.gif)
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
![FINANCIAL ACCOUNTING](https://compass-isbn-assets.s3.amazonaws.com/isbn_cover_images/9781259964947/9781259964947_smallCoverImage.jpg)
![Accounting](https://www.bartleby.com/isbn_cover_images/9781337272094/9781337272094_smallCoverImage.gif)
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
![Accounting Information Systems](https://www.bartleby.com/isbn_cover_images/9781337619202/9781337619202_smallCoverImage.gif)
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
![Horngren's Cost Accounting: A Managerial Emphasis…](https://www.bartleby.com/isbn_cover_images/9780134475585/9780134475585_smallCoverImage.gif)
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
![Intermediate Accounting](https://www.bartleby.com/isbn_cover_images/9781259722660/9781259722660_smallCoverImage.gif)
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
![Financial and Managerial Accounting](https://www.bartleby.com/isbn_cover_images/9781259726705/9781259726705_smallCoverImage.gif)
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education