Answer:
The cost of goods sold for this company is$29,300
Explanation:
Cost of Goods sold is the cost of all the goods that is sold during the period excluding the cost of available Inventory.
Cost of Goods Manufactured is the cost of all the goods that is manufactured during the period including the cost of available Inventory.
As per given data
Beginning finished goods inventory = $14,600
Cost of goods manufactured = $32,500
Ending finished goods inventory = $17,800
Cost of Goods Sold = Cost of Goods Manufactured + Beginning finished goods inventory - Ending finished goods inventory
Cost of Goods Sold = $32,500 + $14,600 - $17,800 = $29,300
