Cost of Goods Sold Allyson Ashley makes jet skis. During the year, Allyson manufactured 82,000 jet skis. Finished goods inventory had the following units: January 1 10,660 December 31 15,457 Required: 1. How many jet skis did Allyson sell during the year? units 2. If each jet ski had a product cost of $2,400, what was the cost of goods sold last year?$
Cost of Goods Sold Allyson Ashley makes jet skis. During the year, Allyson manufactured 82,000 jet skis. Finished goods inventory had the following units: January 1 10,660 December 31 15,457 Required: 1. How many jet skis did Allyson sell during the year? units 2. If each jet ski had a product cost of $2,400, what was the cost of goods sold last year?$
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter2: Job Order Costing
Section: Chapter Questions
Problem 6BE: Cost of goods sold Pine Creek Company completed 200,000 units during the year at a cost of...
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Cost of Goods Sold
Allyson Ashley makes jet skis. During the year, Allyson manufactured 82,000 jet skis. Finished goods inventory had the following units:
January 1 | 10,660 |
December 31 | 15,457 |
Required:
1. How many jet skis did Allyson sell during the year?
units
2. If each jet ski had a product cost of $2,400, what was the cost of goods sold last year?
$
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