Respuesta :
Answer:
$318,400
Explanation:
Cost of Goods Sold $325,000
Less: Inventory Opening January 1 ( $ 31,800)
Add;Closing Inventory $25,200
Cost of Goods Manufactured $318,400
The cost of goods sold are found out by adding opening stock and deducting closing stock from cost of goods manufactured.
In the given scenario we had to follow reverse order to reach out at amount of cost of goods manufactured.
Answer:
$318,200
Explanation:
Cost of goods sold $325,000
Beginning inventory of finished goods (January 1) $31,800
Ending inventory of finished goods (December 31) $25,000
cost of goods manufactured = COGS + ending inventory - beginning inventory = $325,000 + $25,000 - $31,800 = $318,200