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3 years ago

Fontana Manufacturing provided the following information for the month ended March 31:

Business

1 answer:

rjkz [21]3 years ago

3 0

Answer:

$27,600

Explanation:

Given that,

Sales Revenue = $ 26,000

Beginning Finished Goods Inventory = $7,000

Ending Finished Goods Inventory = $14,500

Cost of Goods Manufactured = $20,600

Cost of goods available for sale:

= Beginning Finished Goods Inventory + Cost of Goods Manufactured

= $7,000 + $20,600

= $27,600

Therefore, the cost of goods available for sale on March 31 is $27,600.

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Fontana Manufacturing provided the following information for the month ended March​ 31:

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