Last month a manufacturing company had the following operating results: What was the cost of goods manufactured for the month?
A)$350,000
B)$385,000
C)$377,000
D)$323,000

Question

Last month a manufacturing company had the following operating results:  What was the cost of goods manufactured for the month?
A)$350,000 
B)$385,000 
C)$377,000 
D)$323,000

Quizplus · Accepted Answer

Sales - Cost of goods sold = Gross margin
$412,000 - Cost of goods sold = $62,000
Cost of goods sold = $350,000
 11eaaee8_67a8_e971_933a_936c1c9b23c7_TB5186_00 Cost of goods manufactured = $323,000

Last Month a Manufacturing Company Had the Following Operating Results