Southeast corp. obtained the following information from its accounting records: sales $70,000 beginning finished goods inventory $42,000 ending finished goods inventory $46,000 cost of goods sold $45,000 ending work-in-process inventory $30,000 calculate the cost of goods manufactured for the period.

Answer rating: 100% (QA)

Particulars Cost Cost of goods sold in the previous year 45000 Add the beginning fixed go... View the full answer