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
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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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