The manufacturing operations of Beatly Inc. had the following balances for the month of January: $\begin{array}{lrr}
&\text { January 1}&\text { January 31}\
\text { Raw materials } & \$ 12,000 & \$ 13,000 \
\text { Work in process } & 21,000 & 23,000 \
\text { Finished goods } & 14,000 & 12,000
\end{array}$
Beatly transferred $270000 of completed goods out of work in process during January.
Instructions
Compute the cost of goods sold for January.

Question

The manufacturing operations of Beatly Inc. had the following balances for the month of January: $\begin{array}{lrr}
&\text { January 1}&\text { January 31}\
\text { Raw materials } & \$ 12,000 & \$ 13,000 \
\text { Work in process } & 21,000 & 23,000 \
\text { Finished goods } & 14,000 & 12,000
\end{array}$
 Beatly transferred $270000 of completed goods out of work in process during January.
Instructions
Compute the cost of goods sold for January.

Quizplus · Accepted Answer

The Answer of The manufacturing operations of Beatly Inc. had the following balances for the month of January: $\begin{array}{lrr}
&\text { January 1}&\text { January 31}\
\text { Raw materials } & \$ 12,000 & \$ 13,000 \
\text { Work in process } & 21,000 & 23,000 \
\text { Finished goods } & 14,000 & 12,000
\end{array}$
 Beatly transferred $270000 of completed goods out of work in process during January.
Instructions
Compute the cost of goods sold for January.

The Manufacturing Operations of Beatly Inc Beatly Transferred $270000 of Completed Goods Out of Work in for the Month