Accounting 0452 · IGCSE · Manufacturing accounts

Manufacturing accounts — practice question

A manufacturing company supplied these figures: cost of production $345 000; finished goods 1 January 2021 $42 000; finished goods 31 December 2021 $36 000; purchases of finished goods $15 000. What was the cost of sales?

  • A$324 000
  • B$336 000
  • C$351 000
  • D$366 000

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