The following is the year ended data for Tiger Company: Sales Revenue $57,000 Cost of Goods Manufactured 25,000 Beginning Finished Goods Inventory 1,200 Ending Finished Goods Inventory 2,400 Selling Expenses 15,000 Administrative Expenses 3,300 What is the cost of goods available for sale? A. $23,800 B. $33,200 C. $14,900 D. $26,200
The following is the year ended data for Tiger Company: Sales Revenue $57,000 Cost of Goods Manufactured 25,000 Beginning Finished Goods Inventory 1,200 Ending Finished Goods Inventory 2,400 Selling Expenses 15,000 Administrative Expenses 3,300 What is the cost of goods available for sale? A. $23,800 B. $33,200 C. $14,900 D. $26,200
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter5: The Income Statement And The Statement Of Cash Flows
Section: Chapter Questions
Problem 2MC: The following information is available for Cooke Company for the current year: The gross margin is...
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The following is the year ended data for Tiger Company:
Sales Revenue
|
$57,000
|
Cost of Goods Manufactured
|
25,000
|
Beginning Finished Goods Inventory
|
1,200
|
Ending Finished Goods Inventory
|
2,400
|
Selling Expenses
|
15,000
|
Administrative Expenses
|
3,300
|
What is the cost of goods available for sale?
$23,800
$33,200
$14,900
$26,200
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