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Compute cost of goods sold for 2017 using the following information. Finished goods inventory, Dec. 31, 2016 Work in pro
Posted: Fri Jul 01, 2022 8:51 am
by answerhappygod
- Compute Cost Of Goods Sold For 2017 Using The Following Information Finished Goods Inventory Dec 31 2016 Work In Pro 1 (57.65 KiB) Viewed 52 times
Compute cost of goods sold for 2017 using the following information. Finished goods inventory, Dec. 31, 2016 Work in process inventory, Dec. 31, 2016 Work in process inventory, Dec. 31, 2017 Cost of goods manufactured, 2017 Finished goods inventory, Dec. 31, 2017 Cost of Goods Sold is Computed as: Cost of goods available for sale Finished goods inventory, December 31, 2016. Work in process inventory, December 31, 2016 Work in process inventory, December 31, 2017 $ 344,000 87,000 73,200 938,500 310,000