Solution-Find what was the cost of goods sold for seabring

Find what was the cost of goods sold for seabring company

Assignment Help Managerial Accounting

Reference no: EM132818324

The following information concerning inventories for Seabring Company is available:

Beginning work-in-process inventory = $54,000
Ending work-in-process inventory = $70,000
Beginning finished goods inventory = $184,000
Ending finished goods inventory = $160,000

Problem 1: If cost of goods manufactured totaled $650,000 during the period, what was the cost of goods sold?

Option 1: $626,000

Option 2: $634,000

Option 3: $650,000

Option 4: $834,000

Option 5: None of these choices is correct.

Reference no: EM132818324

Questions Cloud

How much did the preferred shareholders receive : How much did the preferred shareholders receive in 2000? How much did the preferred shareholders receive in 2001? How much did the common shareholders receive

Develop an awareness of developmental milestones : Every child grows and develops differently. Individual child outcomes are influenced by values and practices of family, culture, and community.

Calculate tamara annual shareholder return : Calculate Tamara's annual shareholder return. Tamara June purchased 100 shares of All-Canadian Manufacturing Company stock at $29 1/2 a share.

What role can trauma play in a child development : What role can trauma play in a child's development? Support your response with at least one example. When responding, use an alias name if the example is from.

Find what was the cost of goods sold for seabring company : Ending finished goods inventory = $160,000. If cost of goods manufactured totaled $650,000 during the period, what was the cost of goods sold?

How the provider incorporate more critical care strategies : Based on the information provider, the student will follow the SOAP guidelines and complete a narrative report of this case. Remember to research and provide.

What is the time-0 present value : The first payment is in year 10 from now with CF(10) = $1, and it grows at 5% per year after that. Assume the interest rate is 10% per year.

Business Studies Research Paper Assignment : Business Studies Research Paper Assignment - do some research about this client "Chicken Ribs" This paper should include: memorandum; situation analysis

Compute the price of the stock : Assume the required rate of return goes up to 13%, what will be the new price of the stock? Jessy Smith will pay a dividend of $2.00 per share at the end of the

User Account

All Pages

Find what was the cost of goods sold for seabring company

Reference no: EM132818324

Reference no: EM132818324

Questions Cloud

Reviews

Write a Review

Managerial Accounting Questions & Answers

Manage budgets and financial plans

Prepare a retained earnings statement

Prepare a master budget for the three-month period

Construct the companys direct labor budget

Evaluate the predetermined overhead rate

Determine the company''s bid

Compute the pool rates for the different activities

Prepare Company financial statements

Prepare an analysis of terracycles

Discuss the ethical issues

Political resources in emerging markets

Management accounting - ehsan electronics company

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT