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The cost of goods sold for Michaels Manufacturing in the current year was $233,000. The January 1 finished goods inventory balance was $31,600, and the December 31 finished goods inventory balance was
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The cost of goods sold for Michaels Manufacturing in the current year was $233,000. The January 1 finished goods inventory balance was $31,600, and the December 31 finished goods inventory balance was $24,200. Cost of goods manufactured during the period was __________.

a. $225,600b. $233,000c. $240,400d. $288,800

User Calandoa
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The answer is D. Add $31600 and $24200 to $233000
User Salem Ahmed
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