What is cost of goods sold for the year, Accounting Basics

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What is cost of goods sold for the year

Question: Giga, Ltd. has provided the following information regarding their inventories: Total Manufacturing Costs: $718,559 Work-in-Process inventory, Jan 1: $56,014 Work-in-Process inventory, Dec 31: $77,923 Finished Goods inventory, Jan 1: $166,836 Finished Goods inventory, Dec 31: $167,820 What is Cost of Goods Sold for the year?

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Accounting Basics: What is cost of goods sold for the year

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