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FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSession Locator=&inprogress... A ★
Income Statement for a Manufacturing Company
Two items are omitted from each of the following three lists of cost of goods sold data from a manufacturing company income statement.
Determine the amounts of the missing items, identifying them by letter.
$60,000
$19,800
Finished goods inventory, June 1
Cost of goods manufactured
(e)
69,300
270,000
(c)
516
(a) $188,100 $108,900
Cost of finished goods available for sale
Finished goods inventory, June 30
Cost of goods sold
64,000
39,500
(f)
(b)
(d) $100,200
a.
$
8:27,
D
5/2/20
b.
C.
d.
e.
f.
$
Ś
$
$
-- OL
i
ال اے
الكل
L
9"
Transcribed Image Text:ngageNOWv2 | Online teachin X +
com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSession Locator=&inprogress... A ★
Income Statement for a Manufacturing Company
Two items are omitted from each of the following three lists of cost of goods sold data from a manufacturing company income statement.
Determine the amounts of the missing items, identifying them by letter.
$60,000
$19,800
Finished goods inventory, June 1
Cost of goods manufactured
(e)
69,300
270,000
(c)
516
(a) $188,100 $108,900
Cost of finished goods available for sale
Finished goods inventory, June 30
Cost of goods sold
64,000
39,500
(f)
(b)
(d) $100,200
a.
$
8:27,
D
5/2/20
b.
C.
d.
e.
f.
$
Ś
$
$
-- OL
i
ال اے
الكل
L
9
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