THE FOLLOWING INFORMATION APPLIES TO THE NEXT QUESTION. Finished goods inventory, January 1, 2011 Finished goods inventory, December 31, 2011 $29,300 $24,100 15. If the cost of goods sold for the year was $427,500, what was the cost of goods manufactured for the year? A. $402,100. B. $422,300. C. $417,100. D. $427,500. E. some other amount.

THE FOLLOWING INFORMATION APPLIES TO THE NEXT QUESTION. Finished goods inventory, January 1, 2011 Finished goods inventory, December 31, 2011 $29,300 $24,100 15. If the cost of goods sold for the year was $427,500, what was the cost of goods manufactured for the year? A. $402,100. B. $422,300. C. $417,100. D. $427,500. E. some other amount.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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