Franklin Manufacturing provided the following information for the month ended March 31: $$\begin{array} { | l | r | }
\hline \text { Sales Revenue } & \$ 15,000 \
\hline \text { Beginning Finished Goods Inventory } & 11,000 \
\hline \text { Ending Finished Goods Inventory } & 9500 \
\hline \text { Cost of Goods Manufactured } & 19,600 \
\hline
\end{array}$$ Compute cost of goods sold.
A) $19,600
B) $18,100
C) $21,100
D) $29,100

Question

Franklin Manufacturing provided the following information for the month ended March 31: $$\begin{array} { | l | r | } 
\hline \text { Sales Revenue } & \$ 15,000 \
\hline \text { Beginning Finished Goods Inventory } & 11,000 \
\hline \text { Ending Finished Goods Inventory } & 9500 \
\hline \text { Cost of Goods Manufactured } & 19,600 \
\hline
\end{array}$$ Compute cost of goods sold.
A) $19,600
B) $18,100
C) $21,100
D) $29,100

Quizplus · Accepted Answer

The Answer of Franklin Manufacturing provided the following information for the month ended March 31: $$\begin{array} { | l | r | } 
\hline \text { Sales Revenue } & \$ 15,000 \
\hline \text { Beginning Finished Goods Inventory } & 11,000 \
\hline \text { Ending Finished Goods Inventory } & 9500 \
\hline \text { Cost of Goods Manufactured } & 19,600 \
\hline
\end{array}$$ Compute cost of goods sold.
A) $19,600
B) $18,100
C) $21,100
D) $29,100

Franklin Manufacturing Provided the Following Information for the Month Ended