Table 23-7 -Given Table 23-8 Below, Fill in the Values for Saving

question 115

Essay

Table 23-7

-Given Table 23-8 below, fill in the values for saving. Assume there are no taxes.

---

Definitions:

Cost Of Goods Manufactured

The total cost incurred to manufacture products, including labor, materials, and overhead, that were completed during a specific period.

Cost Of Goods Available For Sale

The total cost of all merchandise or products that a company has in stock and is ready to be sold, including both new and existing inventory.

Schedule Of Cost Of Goods Sold

A detailed statement showing the direct costs, indirect costs, and manufacturing overheads incurred to produce goods sold in a period.

Finished Goods Inventory

This inventory includes products that have completed the manufacturing process but have not yet been sold to customers.