The following information is from ABC Company's general ledger for the month of September: Beginning and ending finished goods inventory, respectively, were 61,600 and 56,000. Cost of goods sold for September was $144,000. Required: How much was ABC Company's cost of goods manufactured in September? 2 Cost of goods manufactured

Principles of Cost Accounting
17th Edition
ISBN:9781305087408
Author:Edward J. Vanderbeck, Maria R. Mitchell
Publisher:Edward J. Vanderbeck, Maria R. Mitchell
Chapter1: Introduction To Cost Accounting
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Problem 8E: The following data are taken from the general ledger and other records of Phoenix Products Co. on...
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The following information is from ABC Company's general ledger for the month of September: Beginning and ending finished goods
inventory, respectively, were 61,600 and 56,000. Cost of goods sold for September was $144,000.
Required:
How much was ABC Company's cost of goods manufactured in September?
Cost of goods manufactured
Transcribed Image Text:The following information is from ABC Company's general ledger for the month of September: Beginning and ending finished goods inventory, respectively, were 61,600 and 56,000. Cost of goods sold for September was $144,000. Required: How much was ABC Company's cost of goods manufactured in September? Cost of goods manufactured
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