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Juliet Corporation Has Accumulated the Following Accounting Data for the Year

Question 103

Multiple Choice

Juliet Corporation has accumulated the following accounting data for the year:
 Finished goods inventory, January 1$3,200 Finished goods inventory, December 31 4,000Total cost of goods sold 4,200\begin{array}{llr} \text { Finished goods inventory, January 1} &\$3,200\\ \text { Finished goods inventory, December 31 } &4,000\\ \text {Total cost of goods sold } &4,200\end{array}

The cost of goods manufactured for the year is:


A) $200
B) $1,000
C) $5,000
D) $6,400
E) $8,200

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