A manufacturing company calculates cost of goods sold as follows:
Beginning FG inventory + cost of goods purchased – ending FG inventory.
Beginning FG inventory – cost of goods manufactured – ending FG inventory.
Beginning FG inventory + cost of goods manufactured – ending FG inventory.
Ending FG inventory – cost of goods manufactured + beginning FG inventory.

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andromache andromache · Answer 1 · 2019-10-08T11:57:00+02:00

Answer:

Beginning FG inventory + cost of goods manufactured – ending FG inventory.

Explanation:

The formula to compute the cost of good sold is shown below:

= Beginning balance of finished goods inventory + cost of goods manufactured - ending balance of finished goods inventory

The Beginning balance of finished goods inventory + cost of goods manufactured is called cost of goods that are available for sale

Hence, the third option is right and rest options are wrong

goddardm63 goddardm63 · Answer 2 · 2020-09-22T19:21:08+02:00

Answer:

h

Explanation:

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