Calculate the cost of goods sold for the year


Cost of goods manufactured equals $44,000 for 2008. Finished goods inventory is $2,000 at the beginning of the year and $5,500 at the end of the year. Beginning and ending work in process for 2008 are $4,000 and $5,000, respectively. How much is cost of goods sold for the year?

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Accounting Basics: Calculate the cost of goods sold for the year
Reference No:- TGS0706361

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