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The Following Information Pertains to the Emerald Corp What Is Cost of Goods Sold?
A) $1,210,000
B) $1,175,000

Question 163

Multiple Choice

The following information pertains to the Emerald Corp:  Beginuning work-in-process inventory $75,000 Ending work-in-process inventory 85,000 Beginuning finished goods inventory 175,000 Ending finished goods inventory 200,000 Cost of goods manufactured 1,200,000\begin{array} { l r } \text { Beginuning work-in-process inventory } & \$ 75,000 \\\text { Ending work-in-process inventory } & 85,000 \\\text { Beginuning finished goods inventory } & 175,000 \\\text { Ending finished goods inventory } & 200,000 \\\text { Cost of goods manufactured } & 1,200,000\end{array} What is cost of goods sold?


A) $1,210,000
B) $1,175,000
C) $1,185,000
D) $1,225,000

Correct Answer:

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