Income statement for a manufacturing company
Two items are omitted from each of the following three lists of cost of goods sold data from a manufacturing company income statement. Determine the amounts of the missing items, identifying them by letter.
|
Finished goods inventory, November 1 |
$44,000 |
$33,000 |
(e) |
|
Cost of goods manufactured |
235,000 |
(c) |
404,000 |
|
Cost of finished goods available for sale |
(a) |
$186,000 |
$450,000 |
|
Finished goods inventory, November 30 |
52,000 |
44,000 |
(f ) |
|
Cost of goods sold |
(b) |
(d) |
$428,000 |