Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. b. computation of the cost of goods sold : part

b. Computation of the Cost of Goods Sold : Particulars Amount($) ...

50.1K

Verified Solution

Question

Accounting

b. Computation of the Cost of Goods Sold :
Particulars Amount($)
Opening balance of Finished goods 80
Add: Cost of goods manufactured 370
Goods available for sale 450
Less: Closing balance of Finished goods 150
Cost of goods sold 300

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: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Geometry
1.2K views

In the graph below pentagon R S TU V is the image of RSTUV after...

Biology
1.2K views

• What determines protein structure? • Describe the experiment that lead to this conclusion? • What type...

Finance
1.2K views

Which of the following indexes requires frequent rebalancing? [I] Value-weighted index [II] Price-weighted index [III] Equally-weighted I only II only III only II...

Physics
1.2K views

1. An infinitely long solenoid of radius R carries n turns per unit length and current...

Mechanical Engineering
1.2K views

A seismic instrument (a mass connected to a spring and a damper) is employed to record...

Physics
1.2K views

A radioactive element decays by emission A detector records n beta particles in first 2...

Basic Math
1.2K views

Heat is a O sufficient O necessary Toin O jointly necessary and sufficient causal condition...

Basic Math
1.2K views

The table gives temperatures in degrees Fahrenheit in a certain town on a given day...

Basic Math
1.2K views

Groom Lawn Equipment pays Kim Jones a $1520 monthly salary plus a 15% commission on...

Algebra
1.2K views

And UV V70 Write your answer as an integer or as a decimal rounded to...

Accounting
1.2K views

Polaski Company manufactures and sells a single product called a Ret. Operating at capacity, the...

Accounting
1.2K views

Use the information below for Finch Company to answer the question that follow. Finch...