14,000 13,000
Finished goods Find unknown 8,000
Sales revenue 105,000
Direct labor 10,000
Manufacturing overhead 12,000
Selling expenses 17,500
Admin. Expenses 20,000
Cost of goods manufactured 45,000
Raw materials purchased 11,500
Net income 30,500
A – What is ending raw materials?
B – What is beginning finished goods?
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