Missing Amounts—Manufacturing
Presented below are incomplete inventory and income statement data for To liver Corporation. Determine the missing amounts.
|
Cost of Goods Sold |
Cost of Goods Manufactured |
Beginning Finished Goods Inventory |
Ending Finished Goods Inventory |
|
|
1. |
$ 10,000 |
$12,000 |
$ 1,000 |
? |
|
2. |
$140,000 |
? |
$45,000 |
$60,000 |
|
3. |
? |
$89,000 |
$23,000 |
$20,000 |