Question

Question 10 0/4 pts Beg. of Year End of Year Raw Materials Inventory Work in process inventory Finished goods inventory Purchases of DM Direct Labor Indirect Labor Insurance on plant Depreciation plant building and equipment Repairs and maintenance plant Marketing expenses General & administrative expenses $26000 $31172 35000 $32997 14000 $28344 $73000 $40513 $40000 $10000 $12374 $4175 $76000 $27664 What is Cost of Goods Sold? (Be careful as values change with each attempt) (Input your answers without dollar signs or commas ed 162549.0

What do I add what do I subtract to get

Answer 1

COGS = Beginning inventory + Purchases + Direct expenses - Ending Inventory

COGS = 26000+35000+14000-31172-32997-28344+73000+40513+40000+10000+12374+4175 = 162549