How much is cost of goods sold for the year, Accounting Basics

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How much is cost of goods sold for the year

Cost of goods manufactured equals $88,000 for 2009. Finished goods inventory is $4,000 at the beginning of the year and $11,000 at the end of the year. Beginning and ending work in process for 2009 are $8,000 and $10,000 respectively. How much is cost of goods sold for the year?

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Accounting Basics: How much is cost of goods sold for the year

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Accounting Basics: How much is cost of goods sold for the year

Reference No:- TGS087702

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Recent Questions Asked Accounting Basics

Q : What are pv-ev and ac for project at the end of month

Q : What was the recognized gain or loss

Q : A general goal is to maintain a healthy body weight

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Q : How much is cost of goods sold for the year

Q : What is the net amount to be paid the employee

Q : Beneficial influences of changing technological forces

Q : How to respond to air quality in the building

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: How much is cost of goods sold for the year

Reference No:- TGS087702

Recent Questions Asked Accounting Basics

Q : What are pv-ev and ac for project at the end of month

Q : What was the recognized gain or loss

Q : A general goal is to maintain a healthy body weight

Q : Personal-educational-professional life

Q : How much is cost of goods sold for the year

Q : What is the net amount to be paid the employee

Q : Beneficial influences of changing technological forces

Q : How to respond to air quality in the building

Q : Providing bookkeeping services to a public company

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