Cost of goods manufactured equals $65,000 for 2013.Finished goods inventory is $2,000 at the beginning of the year and $5,500 at the end of the year.Beginning and ending work in process for 2013 are $4,000 and $5,000, respectively.How much is cost of goods sold for the year?

Question

Quizplus · Accepted Answer

The Answer of Cost of goods manufactured equals $65,000 for 2013.Finished goods inventory is $2,000 at the beginning of the year and $5,500 at the end of the year.Beginning and ending work in process for 2013 are $4,000 and $5,000, respectively.How much is cost of goods sold for the year?

Cost of Goods Manufactured Equals $65,000 for 2013