Solution-What is the amount reported on the income statement

What is the amount reported on the income statement

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Reference no: EM133047574

Question - Our company is a manufacturer and has the following data available for the current year:

sales, $550,000;

cost of goods manufactured, $250,000;

finished goods beginning inventory, $20,000; and

finished goods ending inventory, $30,000.

Required - What is the amount reported on the income statement for cost of goods sold?

Reference no: EM133047574

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What is the amount reported on the income statement

Reference no: EM133047574

Reference no: EM133047574

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