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PT Kelud has cash in the bank of IDR 300,000,000, restricted cash of IDR 80,000,000, and bank overdrafts in other bank accounts of IDR 40,000,000
- PT Kelud has cash in the bank of IDR 300,000,000, restricted cash of IDR 80,000,000, and bank overdrafts in other bank accounts of IDR 40,000,000. The company must report cash of ...
a.IDR 260.000.000
b.IDR 300.000.000
c.IDR 360.000.000
d.IDR 380.000.000 -
m #1 of 3 During May, the cost of goods manufactured was $62,000. The beginning finished goods Inventory for the month was $25,000, and the ending finished goods inventory was $31,000. What was the cost of goods sold for May? a $118,000 b. $56,000 566,000 d. $31.000
Expert Solution
- PFA
-
Answer :
Cost of Goods Sold = Beginning finished Goods inventory + Cost of goods manufatured - Ending finished
Goods inventory= $ 25,000 + $ 62,000 - $31,000
= $ 56,000 (Option b)
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