Cornerstones of Managerial Accounting 4th Edition by Maryanne Mowen, Don Hansen, Dan Heitger

تمرين 34

Cost of Goods Sold
Allyson Ashley makes jet skis. During the year, Allyson manufactured 42,000 jet skis. Finished goods inventory had the following units:
Required:
1. How many jet skis did Allyson sell during the year
2. If each jet ski had a product cost of $2,100, what was the cost of goods sold last year