Cold Creek Kayaks, a manufacturing company, has beginning finished goods inventory of $25,000; cost of goods manufactured of $320,000, and ending finished goods inventory of $32,000. What is the cost of goods available for sale? Cost of goods available for sale
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- If Sales revenue is SR 26,000, beginning finished goods inventory is SR 8,000, ending finished goods inventory is SR13,500, and cost of goods manufactured is SR15,600, find out cost of goods soldA manufacturing company has an ending finished goods inventory of $14,600, raw material purchases of $18,000, cost of goods manufactured of $32,500, and a beginning finished goods inventory of $17,800. The cost of goods sold for this company is:Using $3,040,000 as the cost of goods manufactured, compute the cost of goods sold using the following information.
- Warner Co. is a manufacturer of wagons. How much will the company report as cost of goods sold on the income statement? Cost of goods purchased Ending finished goods inventory Beginning finished goods inventory Cost of goods manufactured Cost of goods sold LA $15,100 3,200 2,900 17,500Manufacturing company has the following information: cost of good purchased $100, Beginning Inventory $300, Ending Inventory $100, and cost of good sold $150. Find cost of good available for sale?Tommy is struggling to determine the company's key costs for this month's income statement. He knows the following: total manufacturing costs $50,000; beginning and ending WIP Inventory, $8,000 and $5,000, respectively; and beginning and ending FG Inventory, $4,600 and $6,200, respectively. How much is Cost of Goods Manufactured and Cost of Goods Sold? Cost of goods manufactured Cost of goods sold $ $
- Required information [The following information applies to the questions displayed below.] Use the following selected account balances of Delray Manufacturing for the year ended December 31. Sales Raw materials inventory, beginning Work in process inventory, beginning Finished goods inventory, beginning Raw materials purchases. Direct labor Indirect labor Repairs-Factory equipment Rent cost of factory building Selling expenses General and administrative expenses Raw materials inventory, ending Work in process inventory, ending Finished goods inventory, ending $ 2,700,000 112,000 146,000 190,000 515,000 618,000. 93,000 74,000 148,000 237,000 379,000 134,000 175,000 228,000 Prepare an income statement for Delray Manufacturing (a manufacturer). Assume that its cost of goods manufactured is $1,397,00If the mercahdise cost $5,000, insurance in transit cost $250, tarriff cost $75, processing the pruchase order by the purchasing department cost $25, and the company receiving dock personnel cost $20, what is the total cost charged to the merchandiseIf Sales revenue is SR 26,000, beginning finished goods inventory is SR 8,000, ending finished goods inventory is .SR13,500, and cost of goods manufactured is SR15,600, find out cost of goods sold SR 15,600 A O SR 29,100 .B SR 23,600 .C SR 10,100 .D
- Given the following data for Scurry Company, what is the cost of goods sold? Beginning inventory of finished goods $100,000 Cost of goods manufactured 700,000 Ending inventory of finished goods 200,000 Beginning work-in-process inventory 300,000 Ending work-in-process inventory 50,000 Select one: a. $600,000 b. $950,000 c. $500,000 d. $800,000The following information pertains to the Duggan Corporation: Beginning work-in-process inventory $ 20,000 Ending work-in-process inventory 23,000 Beginning finished goods inventory 36,000 Ending finished goods inventory 34,000 Cost of goods manufactured 246,000 What is cost of goods sold?Stencil Co. reported the following data for the year 2018: Gross Profit P 192,000 Cost of Goods Manufactured P 680,000 Work in process Beginning P 56,000 Finished Goods Beginning P 90,000 Work in process End P 76,000 Finished Goods End P 104,000. How much is total sales for the year 2018?