The manufacturing operations of reasoninc had the following, Ask an Expert

Accounting

The manufacturing operations of REason,inc had the following balances for the month of January:

inventories January 1 Jannuary 31
Raw materials $12000 13000
Work in process 21000 23000
finished goods 14000 16000
reason transferred $ 220000 of completed goods out of work in process during January.

Instrutions:

Compute the cost of goods sold.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9416457

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