Business, 28.02.2020 00:33 malikbryant2002

Mustang Corporation has accumulated the following accounting data for the month of April:

Finished goods inventory, April 1 $30,200
Finished goods inventory, April 30 24,600
Total cost of goods manufactured 114,500

The cost of goods sold for the year is:

a. $59,700
b. $120,100.
c. $108,900.
d. $144,700.
e. $169,300.

Answers: 3

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Mustang Corporation has accumulated the following accounting data for the month of April:

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