What is the finished goods ending balance at year-end what, Accounting Basics

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What is the finished goods ending balance at year-end what

Problem

Jorst Manufacturing began business on January 1, 2015. During its first year of operation, Jorst worked on five industrial jobs and reported the following information at year-end:

A. What is the work-in process ending balance at year-end?
B. What is the Finished Goods ending balance at year-end?
C. What is the Cost of Goods sold balance at year-end?
D. What is the Gross Profit for the Year?

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Accounting Basics: What is the finished goods ending balance at year-end what

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