Tenneson Corporation's cost of goods manufactured for the just completed month was $151,000 and its inventories were as follows: BeginningEndingWork in process inventory$63,000 $66,000 Finished goods inventory$34,000 $48,000  How much was the cost of goods available for sale on the Schedule of Cost of Goods Sold?

A. $136,000
B. $151,000
C. $137,000
D. $185,000


Answer: D

Business

You might also like to view...

Under the ____________________, the write-off of an account as uncollectible does not affect either the income statement or the balance sheet

Fill in the blank(s) with correct word

Business

Explain the analogy of family members being connected by a piece of rope; why is that relevant to our study of interpersonal communication?

What will be an ideal response?

Business

An increase in private goods, such as cars, typically leads to an increased need for public services, such as parking spaces

Indicate whether the statement is true or false

Business

All of the following are external users of accounting information except:

A. Chief executive officer (CEO). B. Customers. C. Lenders. D. Shareholders. E. Board of directors.

Business