FY 2016 A Company had beginning finished good inventory of $200 and ending finished goods inventory of $900.
FY 2016 A Company had beginning finished good inventory of $200 and ending finished goods inventory of $900.
Work-in-process decreased by $400 during FY 2016 and factory overhead was $1800. Total manufacturing costs amounted to $47,000. How to determine the FY 2016 dollar amount of 1. Cost of Goods Manufactured and 2. cost of goods sold.
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