Happy Manufacturing Company had the following information available for the year:
Work in process inventories and raw materials inventories were negligible at the beginning and end of the year.
Required:
A)Compute the Cost of Goods Manufactured for the year.
B)Compute the Cost of Goods Sold for the year.

Question

Happy Manufacturing Company had the following information available for the year:
  Work in process inventories and raw materials inventories were negligible at the beginning and end of the year.
Required: 
A)Compute the Cost of Goods Manufactured for the year. 
B)Compute the Cost of Goods Sold for the year.

Quizplus · Accepted Answer

The Answer of Happy Manufacturing Company had the following information available for the year:
  Work in process inventories and raw materials inventories were negligible at the beginning and end of the year.
Required: 
A)Compute the Cost of Goods Manufactured for the year. 
B)Compute the Cost of Goods Sold for the year.

Happy Manufacturing Company Had the Following Information Available for the Year