If the beginning inventory count is $100,000, the ending inventory count is $50,000, and the cost...
If the beginning inventory count is $100,000, the ending inventory count is $50,000, and the cost of goods manufactured is $230,000, how much is the cost of good sold?
Homework Answers
Beginning inventory = $100,000
Ending inventory = $50,000
Cost of goods manufactured = $230,000
Cost of goods sold = Beginning inventory+ Cost of goods manufactured- Ending inventory
= 100,000+230,000-50,000
= $280,000
Kindly comment if you need further assistance. Thanks‼!
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