Inventory calculation On January 1, the finished goods inventory of the Manuel Company was $300,000during the year
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Inventory calculation On January 1, the finished goods inventory of the Manuel Company was $300,000during the year Manuel’s cost of goods manufactured was $1,900,000sales were $2,000,000 with a 20% gross profit.
Required: The cost assigned to the December 31 finished goods inventory
Related Book For
Intermediate Accounting
ISBN: 978-0324592375
17th Edition
Authors: James D. Stice, Earl K. Stice, Fred Skousen
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