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 |
$ 25,000 |
$ 40,000 |
(e) |
|
Cost of goods manufactured |
160,000 |
(c) |
350,000 |
|
Cost of finished goods available for sale |
(a) |
$250,000 |
$400,000 |
|
Finished goods inventory, November 30 |
30,000 |
60,000 |
(f) |
|
Cost of goods sold |
(b) |
(d) |
$335,000 |