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X Company had $90,000 of ending finished goods inventory, beginning finished goods inventory was $100,000, and cost of goods sold $620,000 Refer to the above, how much would the company report for cost of goods manufactured? * O $710,000 $610,000 $600,000 O None of the above

X Company had $90,000 of ending finished goods inventory, beginning finished goods inventory was $100,000, and cost of goods sold $620,000 Refer to the above, how much would the company report for cost of goods manufactured? * O $710,000 $610,000 $600,000 O None of the above

FINANCIAL ACCOUNTING
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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4G+ 11:56 M * ll 69% * Required Use the following to answer the two questions below. X Company had $90,000 of ending finished goods inventory, beginning finished goods inventory was $100,000, and cost of goods sold $620,000 Refer to the above, how much would the company report for cost of goods manufactured? * $710,000 $610,000 $600,000 None of the above Refer to the above, assume that sales revenue for the year was $1,260,000 and total period costs were $300,000. The
Transcribed Image Text:4G+ 11:56 M * ll 69% * Required Use the following to answer the two questions below. X Company had $90,000 of ending finished goods inventory, beginning finished goods inventory was $100,000, and cost of goods sold $620,000 Refer to the above, how much would the company report for cost of goods manufactured? * $710,000 $610,000 $600,000 None of the above Refer to the above, assume that sales revenue for the year was $1,260,000 and total period costs were $300,000. The
ll 69% 4G+ 11:56 M Refer to the above, the company's total manufacturing cost was: $986,000 $520,000 $860,000 None of the above Refer to the above, how much would the company report for cost of goods manufactured? $796,000 $1,050,000 $598,000 O None of the above Page 5 of 7 Вack Next
Transcribed Image Text:ll 69% 4G+ 11:56 M Refer to the above, the company's total manufacturing cost was: $986,000 $520,000 $860,000 None of the above Refer to the above, how much would the company report for cost of goods manufactured? $796,000 $1,050,000 $598,000 O None of the above Page 5 of 7 Вack Next
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