Beginning finished goods 1/1/20X5 $40,000
Ending finished goods 12/31/20x5 33,000
Cost of goods sold 250,000
Sales revunue 600,000
Operating expenses 120,000
What is the cost of good manufactures for 20x5?
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Beginning finished goods 1/1/20X5 $40,000
Ending finished goods 12/31/20x5 33,000
Cost of goods sold 250,000
Sales revunue 600,000
Operating expenses 120,000
What is the cost of good manufactures for 20x5?
Use this equation:
Beginning Inventory + COGM - Ending Inventory = COGS.
Enter the available values and find the unknown
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