Given the cost of goods sold (COGS) is $220 000, the opening finished goods inventory is...
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Given the cost of goods sold (COGS) is $220 000, the opening finished goods inventory is $44 000 and the finished goods purchased is $160 000. What is the ending finished goods inventory? Given the cost of goods sold (COGS) is $220 000, the opening finished goods inventory is $44 000 and the finished goods purchased is $160 000. What is the ending finished goods inventory?
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To apply the formula when calculating finished goods inventory the Cost of Goods Sold C... View the full answer
Related Book For
Managerial Accounting
ISBN: 978-1118385388
2nd edition
Authors: Ramji Balakrishnan, Konduru Sivaramakrishnan, Geoff B. Sprinkle
Posted Date:
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