Allyson Ashley makes jet skis. During the year, Allyson manufactured 94,000 jet skis. Finished goods inventory had

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Allyson Ashley makes jet skis. During the year, Allyson manufactured 94,000 jet skis. Finished goods inventory had the following units:

January 1...............................6,800

December 31...........................7,200

Required:

1. How many jet skis did Allyson sell during the year?

2. If each jet ski had a product cost of $2,200, what was the cost of goods sold last year?

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Managerial Accounting The Cornerstone of Business Decision Making

ISBN: 978-1337115773

7th edition

Authors: Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

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