Homework Answers
Answer :
1) $15,000
2) $29,300
1.
Cost of Goods Manufactured = Cost of Goods Sold + Ending Inventory - Beginning inventory
= 14,200+4000-3,200 = 15000 (Answer)
2)
Cost of Goods Sold = Beginning inventory +Cost of Goods Manufactured - Ending inventory = 14,600+32,500-17800 = $29,300
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