Principles of Accounting Volume 1
Principles of Accounting Volume 1
19th Edition
ISBN: 9781947172685
Author: OpenStax
Publisher: OpenStax College
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Frederick Company's January 1, 2018 finished goods
inventory was $52,000. The January 1, 2019 finished
goods inventory is $78,000. The cost of goods
manufactured for the FY 2018 was $259,000.
Use this information to determine the dollar amount
of the FY 2018 cost of goods sold.
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Transcribed Image Text:Frederick Company's January 1, 2018 finished goods inventory was $52,000. The January 1, 2019 finished goods inventory is $78,000. The cost of goods manufactured for the FY 2018 was $259,000. Use this information to determine the dollar amount of the FY 2018 cost of goods sold.
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Principles of Accounting Volume 1
Accounting
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax College