The Cost of Goods Manufactured of Silver Corporation is P5,600,000. If the ending finished goods inventory was P5,000,000 and its beginning finished goods inventory was P4,500,000 what was the cost of goods sold for the year for Forrester? 1. P 3,900,00O 2. P 5,100,000 3. P 6,100,000 4. none of the above

The Cost of Goods Manufactured of Silver Corporation is P5,600,000. If the ending finished goods inventory was P5,000,000 and its beginning finished goods inventory was P4,500,000 what was the cost of goods sold for the year for Forrester? 1. P 3,900,00O 2. P 5,100,000 3. P 6,100,000 4. none of the above

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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