Sheffield Corp. reported the following year-end information: beginning work in process inventory, $74000; cost of goods manufactured,
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Question:
Sheffield Corp. reported the following year-end information: beginning work in process inventory, $74000; cost of goods manufactured, $780000; beginning finished goods inventory, $54000; ending work in process inventory, $63000; and ending finished goods inventory, $43000. How much is Sheffield’s cost of goods sold for the year?
$802000
$769000
$791000
$780000
Related Book For
Cost management a strategic approach
ISBN: 978-0073526942
5th edition
Authors: Edward J. Blocher, David E. Stout, Gary Cokins
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