Hollern combines inc. has 10000 of ending finished goods, Ask an Expert

Accounting

Hollern Combines, Inc. has $10,000 of ending finished goods inventory as of December 31, 2010. If beginning finished goods inventory was $5,000 and cost of goods sold was $20,000, how much would Hollern report for cost of goods manufactured?

A) $22,500

B) $5,000

C) $25,000

D) $15,000

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M981425

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