Accounting 0452 · IGCSE · Manufacturing accounts

Manufacturing accounts — practice question

A manufacturing company supplied the following details: cost of production $345\,000; finished goods at 1 January 2021 $42\,000; finished goods at 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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