Marni Corp. obtained the following information from its accounting records:
The Cost of Goods Manufactured this period equals:
A) $11,000
B) $10,000
C) $6,000
D) $5,000

Name: Marni Corp. obtained the following information from its accounting records: The Cost of Goods Manufactured this period equals: A) $11,000 B) $10,000 C) $6,000 D) $5,000
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Question

Marni Corp. obtained the following information from its accounting records:
 The Cost of Goods Manufactured this period equals:
A) $11,000 
B) $10,000 
C) $6,000 
D) $5,000

Quizplus · Accepted Answer

Ending Finished Goods Inventory ($8,000) + Cost of Goods Sold ($9,000) - Beginning Finished Goods Inventory ($12,000) = Cost of Goods Manufactured ($5,000).