Business, 08.10.2020 14:01 manarsadi6
Cerrone Inc. has provided the following data for the month of July. The balance in the Finished Goods inventory account at the beginning of the month was $69,000 and at the end of the month was $63,000. The cost of goods manufactured for the month was $316,400. The actual manufacturing overhead cost incurred was $103,600 and the manufacturing overhead cost applied to jobs was $98,000. The adjusted cost of goods sold that would appear on the income statement for July is:
a. $328,000
b. $316,400
c. $310,800
d. $322,000
Answers: 1
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Cerrone Inc. has provided the following data for the month of July. The balance in the Finished Good...
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