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Franklin Manufacturing Provided the Following Information for the Month Ended

Question 162

Multiple Choice

Franklin Manufacturing provided the following information for the month ended March 31:  Sales Revenue $15,000 Beginning Finished Goods Inventory 11,000 Ending Finished Goods Inventory 9500 Cost of Goods Manufactured 19,600\begin{array} { | l | r | } \hline \text { Sales Revenue } & \$ 15,000 \\\hline \text { Beginning Finished Goods Inventory } & 11,000 \\\hline \text { Ending Finished Goods Inventory } & 9500 \\\hline \text { Cost of Goods Manufactured } & 19,600 \\\hline\end{array} Compute cost of goods sold.


A) $19,600
B) $18,100
C) $21,100
D) $29,100

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