Frederick Company’s January 1, 2018 finished goods inventory was $61,000. The January 1, 2019 finished goods inventory is $93,000.
Frederick Company’s January 1, 2018 finished goods inventory was $61,000. The January 1, 2019 finished
goods inventory is $93,000. Cost of goods manufactured for the FY 2018 was $352,000. Use this information to determine the dollar amount of the FY 2018 cost of goods sold. (Round dollar values & enter as whole dollars only.)