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egoroff_w [7]
3 years ago
11

The following information pertains to the Frameworks Corporation for May. Calculate the cost of goods sold for the period:Beginn

ing Finished Goods Inventory $19,500Ending Finished Goods Inventory$18,000Cost of Goods Manufactured $126,800A. $126,800.B. $125,300.C. $146,300.D. $128,300.E. $164,300.
Business
1 answer:
ANTONII [103]3 years ago
6 0

Answer:

The correct answer is D.

Explanation:

Giving the following information:

Beginning Finished Goods Inventory $19,500

Ending Finished Goods Inventory$18,000

Cost of Goods Manufactured $126,800

To calculate the cost of goods sold we need to use the following formula:

COGS= beginning finished inventory + cost of goods manufactured - ending finished inventory

COGS= 19,500 + 126,800 - 18,000= $128,300

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On June 30, 2021, Moran Corporation issued $13.5 million of its 8% bonds for $12.2 million. The bonds were priced to yield 10%.
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Answer:

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Explanation:

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3 years ago
According to surveys, at work, fair treatment reflects concrete actions such as, "employees are treated with respect and _______
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During its most recent fiscal year, Dover, Inc. had total sales of $3,060,000. Contribution margin amounted to $1,430,000 and pr
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Data provided as per the question

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