S16-10 Computing cost of goods sold, manufacturing company Learning Objective 3 Use the following information to calculate the cost of goods sold for The Ellis Company for the month of June: Finished Goods Inventory: Beginning Balance Ending Balance Cost of Goods Manufactured $30,000 10,000 165,000

S16-10 Computing cost of goods sold, manufacturing company Learning Objective 3 Use the following information to calculate the cost of goods sold for The Ellis Company for the month of June: Finished Goods Inventory: Beginning Balance Ending Balance Cost of Goods Manufactured $30,000 10,000 165,000

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

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Question

S16-10 Computing cost of goods sold, manufacturing company
Learning Objective 3
Use the following information to calculate the cost of goods sold for The Ellis
Company for the month of June:
Finished Goods Inventory:
Beginning Balance
Ending Balance
Cost of Goods Manufactured
$ 30,000
10,000
165,000

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