5. The following is the year ended data for Baker Company: Sales Revenue £152,000 Cost of Goods Manufactured £122,000 Beginning Finished Goods Inventory Ending Finished Goods Inventory Selling Expenses Administrative Expenses What is the cost of goods available for sale? A) £12,600 B) £32,000 C) £120,000 £10,200 £12,200 £5,700 £13,700 D) £132,200

Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter5: The Income Statement And The Statement Of Cash Flows
Section: Chapter Questions
Problem 2MC: The following information is available for Cooke Company for the current year: The gross margin is...
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5. The following is the year ended data for Baker Company:
Sales Revenue
£152,000
Cost of Goods Manufactured
£122,000
£10,200
Beginning Finished Goods Inventory
Ending Finished Goods Inventory
Selling Expenses
Administrative Expenses
What is the cost of goods available for sale?
A) £12,600
B) £32,000
C) £120,000
D) £132,200
£12,200
£5,700
£13,700
Transcribed Image Text:5. The following is the year ended data for Baker Company: Sales Revenue £152,000 Cost of Goods Manufactured £122,000 £10,200 Beginning Finished Goods Inventory Ending Finished Goods Inventory Selling Expenses Administrative Expenses What is the cost of goods available for sale? A) £12,600 B) £32,000 C) £120,000 D) £132,200 £12,200 £5,700 £13,700
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