TB MC Qu. 14-146 (Algo) Use the following data to calculate... Use the following data to calculate the cost of goods sold for the period: Beginning Raw Materials Inventory $ 32,000 Ending Raw Materials Inventory 72,000 Beginning Work in Process Inventory 42,000 Ending Work in Process Inventory 48,000 Beginning Finished Goods Inventory 74,000 Ending Finished Goods Inventory 70,000 Cost of Goods Manufactured 248,000 Multiple Choice $248,000. $244,000. $292,000. $260,000. $252,000.
TB MC Qu. 14-146 (Algo) Use the following data to calculate... Use the following data to calculate the cost of goods sold for the period: Beginning Raw Materials Inventory $ 32,000 Ending Raw Materials Inventory 72,000 Beginning Work in Process Inventory 42,000 Ending Work in Process Inventory 48,000 Beginning Finished Goods Inventory 74,000 Ending Finished Goods Inventory 70,000 Cost of Goods Manufactured 248,000 Multiple Choice $248,000. $244,000. $292,000. $260,000. $252,000.
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter3: Process Cost Systems
Section: Chapter Questions
Problem 12E: a. Based on the data in Exercise 17-11, determine the following: 1. Cost of beginning work in...
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