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Determine the cost of goods sold for the year

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Reference no: EM132913308

Question - A manufacturer reports the following for the year: 10,000 Finished goods, beginning 25,000 Finished goods, ending

5,000 W-I-P, beginning

12,000 W-I-P, ending

150,000 Sales

80,000 Cost of goods manufactured

Determine the cost of goods sold for the year.

a. 55,000

b. 58,000

c. 65,000

d. 73,000

e. 95,000

f. none of the above

Reference no: EM132913308

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