Kissimmee Paint Co. reported the following data for the month of July. There were no beginning inventories and all units were completed (no work in process).
In the month of July, 28,000 of the 30,000 units manufactured were sold at a price of $80 per unit.

Question

Kissimmee Paint Co. reported the following data for the month of July. There were no beginning inventories and all units were completed (no work in process).
   In the month of July, 28,000 of the 30,000 units manufactured were sold at a price of $80 per unit.

Quizplus · Accepted Answer

The Answer of Kissimmee Paint Co. reported the following data for the month of July. There were no beginning inventories and all units were completed (no work in process).
   In the month of July, 28,000 of the 30,000 units manufactured were sold at a price of $80 per unit.