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skylarrrrr7663
27.07.2021 •
Business
Given the following data for Scurry Company, what is the cost of goods sold? Beginning inventory of finished goods $100,000 Cost of goods manufactured 700,000 Ending inventory of finished goods 200,000 Beginning work-in-process inventory 300,000 Ending work-in-process inventory 50,000 Select one: a. $600,000 b. $950,000 c. $500,000 d. $800,000
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Ответ:
Scurry Company
The cost of goods sold is:
= a. $600,000
Explanation:
a) Data and Calculations:
Beginning inventory of finished goods $100,000
Cost of goods manufactured 700,000
Ending inventory of finished goods (200,000)
Cost of goods sold = $600,000
Beginning work-in-process inventory 300,000
Ending work-in-process inventory 50,000
b) The cost of goods sold includes the beginning inventory of finished goods and the cost of goods manufactured within the period, less the ending inventory of finished goods. It does not include inventories of work-in-process.
Ответ:
5+2x=2x+6
Step 1: Simplify both sides of the equation.
2x+5=2x+6
Step 2: Subtract 2x from both sides.
2x+5−2x=2x+6−2x
5=6
Step 3: Subtract 5 from both sides.
5−5=6−5
0=1
There are no solutions.