How much would hollern report for cost of goods

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Question 1: You do have all the details you need, so take your time and carefully check your math and critical thinking skills with this question. Hollern Combines, Inc. has $10,000 of ending finished goods inventory as of December 31, 2008. If beginning finished goods inventory was $5,000 and cost of goods sold was $20,000, how much would Hollern report for cost of goods manufactured?

Option 1: $22,500

Option 2: $5,000

Option 3: $25,000

Option 4: $15,000

Reference no: EM132634256

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