Barger Company had the following information at December 31: Finished goods inventory, January $ 1 \quad \$ 90,000 $
Finished goods inventory December $ 31 \quad 126,000 $ If the cost of goods manufactured during the year amounted to $1,895,000 and annual sales were $2,994,000, how much is the amount of gross profit for the year?

Question

Barger Company had the following information at December 31: Finished goods inventory, January $ 1 \quad \$ 90,000 $ 
Finished goods inventory December $ 31 \quad 126,000 $ If the cost of goods manufactured during the year amounted to $1,895,000 and annual sales were $2,994,000, how much is the amount of gross profit for the year?

Quizplus · Accepted Answer

The Answer of Barger Company had the following information at December 31: Finished goods inventory, January $ 1 \quad \$ 90,000 $ 
Finished goods inventory December $ 31 \quad 126,000 $ If the cost of goods manufactured during the year amounted to $1,895,000 and annual sales were $2,994,000, how much is the amount of gross profit for the year?

Barger Company Had the Following Information at December 31: Finished 1$90,000 1 \quad \$ 90,000 1$90,000

Barger Company Had the Following Information at December 31: Finished $1 \quad \$ 90,000$