A manufacturing company has a beginning finished goods inventory of $28,300, cost of goods manufactured of $58,500, and an ending finished goods inventory of $27,600. The cost of goods sold for this company is:
A) $114,400.
B) $86,100.
C) $59,200.
D) $2,600.
E) $57,800.

Question

Quizplus · Accepted Answer

The Answer of A manufacturing company has a beginning finished goods inventory of $28,300, cost of goods manufactured of $58,500, and an ending finished goods inventory of $27,600. The cost of goods sold for this company is:
A) $114,400.
B) $86,100.
C) $59,200.
D) $2,600.
E) $57,800.

A Manufacturing Company Has a Beginning Finished Goods Inventory of $28,300