Alpha Inc. had cost of goods sold of $125,000 for the current year ended December...
50.1K
Verified Solution
Link Copied!
Question
Accounting
Alpha Inc. had cost of goods sold of $125,000 for the current year ended December 31. The finished goods inventory on January 1 was $30,000, and the finished goods inventory on December 31 was $50,000. What was the amount of cost of goods manufactured for the year? O $45,000 O $205,000 O $105,000 $145,000
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!