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wo items are omitted from each of the following three lists of cost of goods sold...

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Accounting

wo items are omitted from each of the following three lists ofcost of goods sold data from a manufacturing company incomestatement. Determine the amounts of the missing items, identifyingthem by letter.

Finished goods inventory, June 1$116,600$38,880(e)
Cost of goods manufactured825,900(c)180,000
Cost of finished goods available for sale(a)$540,000$1,100,000
Finished goods inventory, June 30130,00070,000(f)
Cost of goods sold(b)(d)$945,000
a.$
b.$
c.$
d.$
e.$
f.$

Answer & Explanation Solved by verified expert
4.5 Ratings (968 Votes)
Solution Cost of finished goods available for sale Finished goods inventory June 1 Cost of goods manufactured Cost of goods sold Cost of finished goods available for sale Finished    See Answer
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