Cardsheet Company The following partially completed T accounts summarize the transactions of Cardsheet Company for last year:

-The cost of goods manufactured is
A)$62,300
B)$64,000
C)$18,000
D)$1,700

Question

Cardsheet Company The following partially completed T accounts summarize the transactions of Cardsheet Company for last year:

-The cost of goods manufactured is
A)$62,300 
B)$64,000 
C)$18,000 
D)$1,700

Quizplus · Accepted Answer

The cost of goods manufactured is calculated by adding the total manufacturing costs to the beginning work in process inventory and then subtracting the ending work in process inventory. Without specific numbers provided in the question, it's impossible to calculate or justify the correct answer. However, based on the options given and assuming A is marked as correct, it suggests that there might be a context or calculation provided elsewhere that leads to $62,300 being the correct answer for the cost of goods manufactured.

Cardsheet Company the Following Partially Completed T Accounts Summarize the Transactions