You are preparing the Income Statements for a) Carver Merchandiser and for b) Pembroke Manufacturer. You...

 

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You are preparing the Income Statements for a) Carver Merchandiser and for b) Pembroke Manufacturer. You are working on the Cost of Goods Sold computation. Carver Merchandiser Beginning Inventory: Merchandise Finished Goods Cost of Goods Purchased Cost of Goods Manufactured Ending Inventory: Merchandise Finished Goods $250,000 460,000 128,000 Pembroke Manufacturer $550,000 688,000 350,000 For Pembroke Manufacturer, what amount will you report for Goods Available for Sale in the reporting period? Report in whole dollars. Question 8 You are preparing the Income Statements for a) Carver Merchandiser and for b) Pembroke Manufacturer. You are working on the Cost of Goods Sold computation. Beginning Inventory: Merchandise Carver Merchandiser Finished Goods Cost of Goods Purchased Cost of Goods Manufactured Ending Inventory: Merchandise Finished Goods $250,000 460,000 128,000 Pembroke Manufacturer $550,000 688,000 2 pts 350,000 For Pembroke Manufacturer, what amount will you report for Cost of Goods Sold in the reporting period? Report in whole dollars. You are preparing the Income Statements for a) Carver Merchandiser and for b) Pembroke Manufacturer. You are working on the Cost of Goods Sold computation. Carver Merchandiser Beginning Inventory: Merchandise Finished Goods Cost of Goods Purchased Cost of Goods Manufactured Ending Inventory: Merchandise Finished Goods $250,000 460,000 128,000 Pembroke Manufacturer $550,000 688,000 350,000 For Pembroke Manufacturer, what amount will you report for Goods Available for Sale in the reporting period? Report in whole dollars. Question 8 You are preparing the Income Statements for a) Carver Merchandiser and for b) Pembroke Manufacturer. You are working on the Cost of Goods Sold computation. Beginning Inventory: Merchandise Carver Merchandiser Finished Goods Cost of Goods Purchased Cost of Goods Manufactured Ending Inventory: Merchandise Finished Goods $250,000 460,000 128,000 Pembroke Manufacturer $550,000 688,000 2 pts 350,000 For Pembroke Manufacturer, what amount will you report for Cost of Goods Sold in the reporting period? Report in whole dollars.

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