Skyway Company, a U.S. airplane manufacturer, reported a balance of $8,100 million in Inventory at the beginning of 2013 and $9,600 million at the end of 2013 . Its income statement reported Cost of Products Sold of $45,400 million for 2013 . Compute the cost of inventory either purchased or manufactured during 2013 . (Skyway Company applies U.S. GAAP, and reports its results in millions of U.S
dollars.)
a. $49,500 million
b. $39,900 million
c. $46,900 million
d. $39,900 million
e. none of the above
C
Business
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