Allyson Ashley makes jet skis. During the year, Allyson manufactured 42,000 jet skis. Finished goods inventory had
Question:
January 1 ........ 4,300
December 31 ...... 3,900
Required:
1. How many jet skis did Allyson sell during the year?
2. If each jet ski had a product cost of $2,100, what was the cost of goods sold last year?
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Related Book For
Cornerstones of Financial and Managerial Accounting
ISBN: 978-1111879044
2nd edition
Authors: Rich, Jeff Jones, Dan Heitger, Maryanne Mowen, Don Hansen
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