What was the cost of goods sold for the month

Assignment Help Accounting Basics
Reference no: EM13149938

During August, the cost of goods manufactured was $73,000. The beginning finished goods inventory was $15,000 and the ending finished goods inventory was $21,000. What was the cost of goods sold for the month?

Reference no: EM13149938

Questions Cloud

Discuss the role of permeability to water in each area : Why is osmosis important to proper kidney functioning? Your answer should be detailed and specific. Define solute. Discuss the role of solute concentration in the proximal tubule, the descending limb, and the Loop of Henle. Discuss the role of per..
Statements related to impairments of investments : Of the following statements related to impairments of investments, which is correct?
Advantage and disadvantage of solar energy uses : I decided to write my academic essay this semester about " Advantage and disadvantage of solar energy uses." .. and i need help because i have a diffecult teacher to deal with her,.
Which of following clients is at most risk for osteoporosis : Which of the following clients is at most risk for Osteoporosis?
What was the cost of goods sold for the month : During August, the cost of goods manufactured was $73,000. The beginning finished goods inventory was $15,000 and the ending finished goods inventory was $21,000. What was the cost of goods sold for the month?
How the setting brings a character to life : I am writing an analytical paper on how the setting brings a character to life. I am using two short stories: Hills Like white Elephants by Ernest Hemingway and Cask of Amontillado. My thesis statement is: "The settings in both stories intricately sy..
Define friendship : There are several ways to define friendship. Everybody probably define friendship in many other ways. For example, friendship can be mean trustworthy, loyal, honesty, reliable and many more. Some people might define friendship as just a ditching frie..
Stockholders equity section of the balance-sheet : Prepare the stockholders' equity section of the balance sheet at December 31, 2007.
Contemporary view of sex : Im trying to find two aspects of the 1960's that have influenced the contemporary view of sex. I need two of them, since its just a three page essay.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Complete an accrual income statement

Set up the known information in a linear statement and find the missing cash sales by reversing the additive functions also complete an Accrual Income Statement.

  Elimination in the consolidation process

The amount of unrealized intercompany profit in ending inventory at December 31, 2006 that should be eliminated in the consolidation process is:

  Estimated losses from uncollectible accounts

An aging analysis of the accounts receivable produces an estimate of $2000 of probable losses from uncollectible accounts. the adjusting entry needed to record the estimated losses from uncollectible accounts is made for?

  Accounts receivable and inventories

The current asset section of the Excalibur Tire Company's balance sheet consists of cash, marketable securities, accounts receivable, and inventories. The December 31, 2011, balance sheet revealed the following:

  Unit cost of a cup of lemonade

What is the unit cost of a cup of lemonade if he anticipates selling 5000 cups during the courses the summer?

  Cardinal corporation have in the assets

What basis will Cardinal Corporation have in the assets acquired from Finch Corporation?

  Prepare a one-page memorandum to your supervisor

Assume that you must make a presentation to the marketing staff explaining the difference between product and period costs. Your supervisor tells you the marketing staff would also like clarification regarding prime and conversion costs.

  Differences-similarities of journalizing and posting

Explain the differences/similarities of journalizing and posting?

  Financial reporting and tax purposes

Maine Company reported a pretax operating loss of $150,000 for financial reporting and tax purposes in 2012. The enacted tax rate is 40% for 2012 and subsequent years.

  Partnerships and consolidations

What are the issues related to goodwill valuation when comparing partnerships formation with companies consolidations?

  Securities business

How may an online securities company (ETrade, Schwab, etc.) differentiate themselves in market? What are the opportunities for future growth? Please give a detailed response.

  Short term financial policy

Short Term Financial Policy

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd