According to the information given in the table below, which of the following is Cost of Goods Sold? Cost of Production 193000 Opening stock of WIP Opening stock of FG Closing stock of WIP Closing stock of FG Total production units 35000 20000 18000 210 units 2100

According to the information given in the table below, which of the following is Cost of Goods Sold? Cost of Production 193000 Opening stock of WIP Opening stock of FG Closing stock of WIP Closing stock of FG Total production units 35000 20000 18000 210 units 2100

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

According to the information given in the table below,
which of the following is Cost of Goods Sold?
Cost of Production
193000
Opening stock of WIP
Opening stock of FG
Closing stock of WIP
Closing stock of FG
Total production units
35000
20000
18000
210 units
2100
Select one:
Oa. 239000
Ob. 219000
Oc. 209000
O d. 229000

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