What was the cost of goods sold


The balance in the Finished Goods Inventory account on July 1, 2004, was $34,000 and the June 30, 2005, balance in the Finished Goods Inventory account was $41,000. If the cost of goods manufactured was $200,000, what was the cost of goods sold?

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: What was the cost of goods sold
Reference No:- TGS090979

Expected delivery within 24 Hours