what was the cost of goods sold for the year (in thousands of dollars)? finished goods, inventory, beginning 480, finished goods inventory, ending 640sales 3960 selling expenses 560 raw materials inventory, ending 280, raw materials inventory, beginning 160 purchaes of raw materials 480.
what was the cost of goods sold for the year (in thousands of dollars)? finished goods, inventory, beginning 480, finished goods inventory, ending 640sales 3960 selling expenses 560 raw materials inventory, ending 280, raw materials inventory, beginning 160 purchaes of raw materials 480.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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![what was the cost of goods sold for
the year (in thousands of dollars)?
finished goods, inventory, beginning
480, finished goods inventory, ending
640sales 3960 selling expenses 560
raw materials inventory, ending 280,
raw materials inventory, beginning 160
purchaes of raw materials 480.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fcb93a146-9e6c-4b9d-8e9c-8e17d22fb810%2F6344ed83-ed6a-4749-a688-25aedafa0eef%2F64ybkc_processed.jpeg&w=3840&q=75)
Transcribed Image Text:what was the cost of goods sold for
the year (in thousands of dollars)?
finished goods, inventory, beginning
480, finished goods inventory, ending
640sales 3960 selling expenses 560
raw materials inventory, ending 280,
raw materials inventory, beginning 160
purchaes of raw materials 480.
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