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Wears Corporation Uses a Job-Order Costing System and Has Provided

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Wears Corporation uses a job-order costing system and has provided the following partially completed T-account summary for the past year.
Wears Corporation uses a job-order costing system and has provided the following partially completed T-account summary for the past year.    The Cost of Goods Manufactured for the year was $537,000. Required: What was the Cost of Goods Sold for the year? The Cost of Goods Manufactured for the year was $537,000.
Required:
What was the Cost of Goods Sold for the year?


Definitions:

Quinine Water

A beverage containing quinine, historically used as a treatment for malaria and known for its bitter taste.

Facial Nerve

The seventh cranial nerve responsible for controlling muscles of facial expression and transmitting taste sensations from the anterior two-thirds of the tongue.

Olfaction

The sense of smell, a chemical sensing system that detects odors or chemical substances in the environment.

Optic Nerve

Nerve carrying visual signals from the eye to the optic chiasm.

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