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ncome Statement for a Manufacturing Company Two items are omitted from each of the following three lists of cost of goods sold data from a manufacturing company income statement. Determine the amounts of the missing items, identifying them by letter. Finished goods inventory, June 1 $116,600 $38,880 (e) Cost of goods manufactured 825,900 (c) 180,000 Cost of finished goods available for sale (a) $540,000 $1,100,000 Finished goods inventory, June 30 130,000 70,000 (f) Cost of goods sold (b) (d) $945,000 a. $ b. $ c. $ d. $ e. $ f. $

Answer :

$540,000 $1,100,000 Finished goods inventory, June 30 130,000 70,000.

stock (American English) or stock (British English) refers to the goods and materials that a enterprise holds for the last purpose of resale, production or utilisation. stock management is a area in the main about specifying the shape and site of stocked items. it's far required at distinct locations inside a facility or inside many places of a deliver network to precede the everyday and planned path of manufacturing and inventory of substances. The concept of stock, inventory or work in procedure (or paintings in progress) has been prolonged from production systems to carrier businesses.

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