Romeo Corporation reports the following for the year: The cost of goods manufactured for the year is:
A) $21,400.
B) $11,000.
C) $15,000.
D) $17,400.
E) $10,200.

Name: Romeo Corporation reports the following for the year: The cost of goods manufactured for the year is: A) $21,400. B) $11,000. C) $15,000. D) $17,400. E) $10,200.
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Question

Romeo Corporation reports the following for the year:  The cost of goods manufactured for the year is:
A) $21,400. 
B) $11,000. 
C) $15,000. 
D) $17,400. 
E) $10,200.

Quizplus · Accepted Answer

Beginning Finished Goods + Cost of Goods Manufactured − Ending Finished Goods = Cost of Goods Sold; $14,200 − $3,200 + $4,000 = $15,000.

Romeo Corporation Reports the Following for the Year: the Cost