Finished goods inventory, June 1 Cost of goods manufactured Cost of finished goods available for sale Finished goods inventory, June 30 Cost of goods sold $ 116,600 825,900 (a) 130,000 (b)

Financial And Managerial Accounting
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ISBN:9781337902663
Author:WARREN, Carl S.
Publisher:WARREN, Carl S.
Chapter5: Accounting For Retail Businesses
Section: Chapter Questions
Problem 44E: Appendix 2 Cost of goods sold Identify the errors in the following schedule of the cost of goods...
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Finished goods inventory, June 1
Cost of goods manufactured
Cost of finished goods available for sale
Finished goods inventory, June 30
Cost of goods sold
$ 116,600
825,900
(a)
130,000
(b)
Transcribed Image Text:Finished goods inventory, June 1 Cost of goods manufactured Cost of finished goods available for sale Finished goods inventory, June 30 Cost of goods sold $ 116,600 825,900 (a) 130,000 (b)
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