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Foxburg Company Has the Following Information -
What Was the Cost of Goods Available for Sale

Question 65

Multiple Choice

Foxburg Company has the following information:
 Work-in-Process  Finished  Goods  Materials  Begirnirg irventory $300$400$500 Ending irventory $700$900$1,500 Purchases of materials (net)  $7,700 Cost of Goods Sold $15,600 Marufacturing overhead $4,300\begin{array} { l c c c r } & \text { Work-in-Process } & \text { Finished } & \text { Goods } & { \text { Materials } } \\\text { Begirnirg irventory } & \$ 300 & \$ 400 & \$ 500 \\\text { Ending irventory } & \$ 700 & \$ 900 & \$ 1,500 \\\text { Purchases of materials (net) } & \$ 7,700 & & & \\\text { Cost of Goods Sold } & \$ 15,600 & & & \\\text { Marufacturing overhead } & \$ 4,300 & &\end{array}
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What was the cost of goods available for sale for the period?


A) $16,800
B) $16,500
C) $16,100
D) $15,100

Correct Answer:

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