Miner limited has the following account balances: Raw materials Finished goods Cost of production 31/12/20X1 31/12/20X2...
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Miner limited has the following account balances: Raw materials Finished goods Cost of production 31/12/20X1 31/12/20X2 $000 $000 10,000 20,000 80,000 15,000 18,000 90,000 The firm has no work in progress at the beginning or end of any of the above accounting periods. The cost of goods sold is? Miner limited has the following account balances: Raw materials Finished goods Cost of production 31/12/20X1 31/12/20X2 $000 $000 10,000 20,000 80,000 15,000 18,000 90,000 The firm has no work in progress at the beginning or end of any of the above accounting periods. The cost of goods sold is?
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The formula to calculate the cost of goods is Cost of Goods Cost of Production ... View the full answer
Related Book For
Managerial Accounting
ISBN: 978-1259307416
16th edition
Authors: Ray Garrison, Eric Noreen, Peter Brewer
Posted Date:
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