Last month,a manufacturing company had the following operating results:
$\begin{array} { l r }
\text { Beginning finished goods inventory } & \$ 74,000 \
\text { Ending finished goods inventory } & \$ 73,000 \
\text { Sales } & \$ 464,000 \
\text { Gross margin } & \$ 32,000
\end{array}$
What was the cost of goods manufactured for the month?
A) $413,000
B) $411,000
C) $412,000
D) $463,000

Question

Last month,a manufacturing company had the following operating results: 
$\begin{array} { l r } 
\text { Beginning finished goods inventory } & \$ 74,000 \
\text { Ending finished goods inventory } & \$ 73,000 \
\text { Sales } & \$ 464,000 \
\text { Gross margin } & \$ 32,000
\end{array}$
What was the cost of goods manufactured for the month?
A) $413,000
B) $411,000
C) $412,000
D) $463,000

Quizplus · Accepted Answer

The Answer of Last month,a manufacturing company had the following operating results: 
$\begin{array} { l r } 
\text { Beginning finished goods inventory } & \$ 74,000 \
\text { Ending finished goods inventory } & \$ 73,000 \
\text { Sales } & \$ 464,000 \
\text { Gross margin } & \$ 32,000
\end{array}$
What was the cost of goods manufactured for the month?
A) $413,000
B) $411,000
C) $412,000
D) $463,000

Last Month,a Manufacturing Company Had the Following Operating Results What Was the Cost of Goods Manufactured for the Month