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What plano company cost of goods sold for the year is

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Reference no: EM132784129

Plano Company reported the following year-end information:

beginning work in process inventory, $180,000;

cost of goods manufactured, $866,000;

beginning finished goods inventory, $252,000;

ending work in process inventory, $220,000; and

ending finished goods inventory, $574,000.

Problem 1: Plano Company's cost of goods sold for the year is

a. $544,000.

b. $812,000

c. $626,000.

d. $874,000.

Reference no: EM132784129

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