If budgeted beginning finished goods inventory is $8,000, budgeted ending finished goods inventory is $9,400, and budgeted cost of goods sold is $10,260, budgeted cost of goods manufactured should be

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Quizplus · Accepted Answer

The budgeted cost of goods manufactured can be calculated by adding the budgeted cost of goods sold to the budgeted ending finished goods inventory and then subtracting the budgeted beginning finished goods inventory. So, $10,260 + $9,400 - $8,000 = $11,660.

If Budgeted Beginning Finished Goods Inventory Is $8,000, Budgeted Ending