Dorsett Technologies had finished goods inventory on January 1, 20X8 of $29,300 and finished goods inventory on December 31, 20X8 of $24,100.If the cost of goods sold for the year was $427,500, what was the cost of goods manufactured for the year?
A) $402,100.
B) $422,300.
C) $417,100.
D) $427,500.
E) None of the answers is correct.
Correct Answer:
Verified
Q64: Fixed costs are costs that:
A) vary directly
Q65: Which of the following would likely be
Q73: Tempest Enterprises began operations on January 1,
Q81: The choices below depict five costs of
Q84: The true statement about cost behavior is
Q85: Total costs are $180,000 when 10,000 units
Q87: The fixed cost per unit:
A)will increase as
Q88: As activity increases, unit variable cost:
A)increases proportionately
Q89: Which of the following is an example
Q90: As activity decreases, unit variable cost:
A)increases proportionately
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents