The following information is available for Beta Company: Beginning Finished Goods inventory $ 35,000
The following information is available for Beta Company:
Beginning Finished Goods inventory
$ 35,000 Sales
$400,000 Gross Profit
$110,000 Cost of goods sold
$290,000 Cost of goods manufactured
$270,000
What is the amount of the ending Finished Goods inventory? a.
none of these b.
$15,000 c.
$35,000 d.
$55,000 e.
$20,000