EBK FINANCIAL ACCOUNTING: AN INTRODUCTI
14th Edition
ISBN: 8220100453953
Author: Francis
Publisher: YUZU
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What is the cost of goods avaliable for sale
The following information relates to the manufacturing operations of the
Abbra Publishing Company for the year:
Raw materials inventory
Beginning Ending
$5,64,000 $6,27,000
The raw materials used in manufacturing during the year totaled
$1,103,000. Raw materials purchased during the year amount to:
a. $1,040,000.
b. $977,000.
c. $1,667,000.
d. $476,000.
e. $1,166,000.
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