Cost of goods sold for particular year

Assignment Help Accounting Basics

Reference no: EM13152973

Utley Manufacturing Company reported the following year-end information: beginning work in process inventory, $180,000; cost of goods manufactured, $516,000; beginning finished goods inventory, $252,000; ending work in process inventory, $220,000; and ending finished goods inventory, $264,000. Utley Manufacturing Company's cost of goods sold for the year is which of the following?

a) $504,000

b) $528,000

c) $476,000

d) $252,000

Reference no: EM13152973

Questions Cloud

Treatment on the bank reconciliation problem : If a check correctly written and paid by the bank for $626 is incorrectly recorded on the company's books for $662, the appropriate treatment on the bank reconciliation would be to do which of the following?

Relations be renormalized to form physical : List three common situations that suggest that relations be renormalized to form physical records.

Find probability that gambler lose money if makes fifty bets : Multiply by 50 to get the middle 95% of the distribution of the gamblers winnings on nights when he places 50 bets. (d) What is the probability that the gambler will lose money if he makes 50 bets?

Explain diamond has a face-centered cubic unit cell : Diamond has a face-centered cubic unit cell, with four more C atoms in tetrahedral holes within the cell. Densities of diamonds vary from 3.01 g/cm3 to 3.52 g/cm3 because C atoms are missing from some holes.

Cost of goods sold for particular year : beginning finished goods inventory, $252,000; ending work in process inventory, $220,000; and ending finished goods inventory, $264,000. Utley Manufacturing Company's cost of goods sold for the year is which of the following?

Calculate the enthalpy change : Calculate the enthalpy change associated with the conversion of 25.0 grams of ice at -4.00°C to water vapor at 110.0°C. The specific heats of ice, water, and steam are 2.09 J/g-K, 4.18 J/g-K, and 1.84 J/g-K

Mean number among truthful persons classied as deceptive : What is the mean number among 12 truthful persons who will be classied as deceptive? What is the standard deviation of this number?

Explain scientific notation when working chemistry problems : It is often necessary to do calculations using scientific notation when working chemistry problems. For practice, perform each of the following calculations

Find probability sample proportion of health is excellent : What is the probability that the sample proportion p of an SRS of size n = 1000 Who say their health is excellent lies between 26% and 32%?

User Account

All Pages