Kushman Combines Inc.has $20000 of ending finished goods inventory as of December 31 2022.If beginning finished goods inventory was $10000 and cost of goods sold was $50000 how much would Kushman report for cost of goods manufactured?
A) $70000
B) $10000
C) $60000
D) $40000
Correct Answer:
Verified
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A) overhead costs
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Q90: Product costs are also called
A) direct costs.
B)
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Q93: Cost of goods sold
A) only appears on
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Q95: Cost of goods manufactured is calculated as
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Q98: The subtotal "Cost of goods manufactured" appears
Q99: As inventoriable costs expire they become
A) selling
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