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    NAlston's Avatar
    NAlston Posts: 1, Reputation: 1
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    #1

    Oct 5, 2009, 11:13 AM
    Cost of Goods Manufactured
    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?
    rehmanvohra's Avatar
    rehmanvohra Posts: 739, Reputation: 27
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    #2

    Oct 6, 2009, 06:03 AM

    Use this equation:
    Beginning Inventory + COGM - Ending Inventory = COGS.
    Enter the available values and find the unknown
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