Given: Cost of goods manufactured of $234,000; beginning finished goods inventory of $18,000; and ending finished goods inventory of $24,000, calculate unadjusted cost of goods sold.

Respuesta :

The Unadjusted cost of goods sold is $228000

What is the unadjusted cost of goods sold?

The Unadjusted Cost of Goods Sold is the measurement of the cost of goods sold prior to any overhead or other adjustments are being made.

From the given information:

  • Cost of goods manufactured =  $234,000
  • Beginning finished goods inventory = $18,000
  • Ending finished goods inventory =  $24,000

The Unadjusted cost of goods sold can be determined by using the expression:

Unadjusted cost of goods sold = $18000+ $234000 - $24000

Unadjusted cost of goods sold = $228000

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