The manufacturing operations of Bryant Inc. had the following balances for the month of January: $\begin{array}{lrr}
\text { Inventories } &\text { January } 1 & \text { January } 31\
\text { Raw materials } & \$ 12,000 & \$ 13,000 \
\text { Work in process } & 21,000 & 23,000 \
\text { Finished goods } & 14,000 & 16,000
\end{array}$
Bryant transferred $290000 of completed goods out of work in process during January.
Instructions
Compute the cost of goods sold.

Question

The manufacturing operations of Bryant Inc. had the following balances for the month of January: $\begin{array}{lrr}
\text { Inventories } &\text { January } 1 & \text { January } 31\
\text { Raw materials } & \$ 12,000 & \$ 13,000 \
\text { Work in process } & 21,000 & 23,000 \
\text { Finished goods } & 14,000 & 16,000
\end{array}$
 Bryant transferred $290000 of completed goods out of work in process during January.
Instructions
Compute the cost of goods sold.

Quizplus · Accepted Answer

The Answer of The manufacturing operations of Bryant Inc. had the following balances for the month of January: $\begin{array}{lrr}
\text { Inventories } &\text { January } 1 & \text { January } 31\
\text { Raw materials } & \$ 12,000 & \$ 13,000 \
\text { Work in process } & 21,000 & 23,000 \
\text { Finished goods } & 14,000 & 16,000
\end{array}$
 Bryant transferred $290000 of completed goods out of work in process during January.
Instructions
Compute the cost of goods sold.

The Manufacturing Operations of Bryant Inc Bryant Transferred $290000 of Completed Goods Out of Work in for the Month