Quincy Manufacturing uses just-in-time inventory techniques to reduce their carrying costs. Despite having a low level of working capital, they experience significant sales and production levels. Quincy reported the following information at year-end:
What was Quincy's Cost of Goods Sold for the period?

Question

Quincy Manufacturing uses just-in-time inventory techniques to reduce their carrying costs. Despite having a low level of working capital, they experience significant sales and production levels. Quincy reported the following information at year-end:
  What was Quincy's Cost of Goods Sold for the period?

Quizplus · Accepted Answer

The Answer of Quincy Manufacturing uses just-in-time inventory techniques to reduce their carrying costs. Despite having a low level of working capital, they experience significant sales and production levels. Quincy reported the following information at year-end:
  What was Quincy's Cost of Goods Sold for the period?

Quincy Manufacturing Uses Just-In-Time Inventory Techniques to Reduce Their Carrying