The balance in Macedonia Companys finished goods inventory account was $650,000 at the beginning of January and
Question:
The balance in Macedonia Company’s finished goods inventory account was $650,000 at the beginning of January and $525,000 at the end of January. Cost of goods manufactured for the month totaled $445,000.
Required:
Prepare a schedule of cost of goods sold for the month of January.
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Macedonia Company Schedule of Cost of Goods Sold Month Ended January 31 F...View the full answer
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