If the finished goods inventory balance increased by $6,400 during the period and the cost of...

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If the finished goods inventory balance increased by $6,400 during the period and the cost of...

If the finished goods inventory balance increased by $6,400 during the period and the cost of goods manufactured is $170,000, then what is the unadjusted cost of goods sold?

business accounting

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Answer 1

Answer #1

Answer: $163,600

Calculations:


Cost of goods manufactured	$170,000
(Less): Increase in Finished goods	($6,400)
Unadjusted cost of goods sold	$163,600

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Answer 2

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