Homework Answers
Solution :
| (a) Finished Goods Inventory, Beginning | $ 364,000 |
| (b) Cost of Goods Manufactured | $ 938,500 |
| (c) Cost of Goods Available for Sale (a + b) | $ 1,302,500 |
| (d) Finished Goods Inventory, Ending | $ 289,000 |
| (e) Cost of Goods Sold (c - d) | $ 1,013,500 |
Note : Please enter negative figure for Finished Goods Inventory, Ending if table does not permit positive figure as this figure is to be deducted.
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