The Following Information Has Been Taken from Blue Mountains Accounting

question 322

Multiple Choice

The following information has been taken from Blue Mountains accounting records:
$$\begin{array} { l r } \text { Beginning work-in-process inventory } & \$ 50,000 \\\text { Ending work-in-process inventory } & 48,000 \\\text { Beginning finished goods inventory } & 180,000 \\\text { Ending finished goods inventory } & 195,000 \\\text { Cost of goods manufactured } & 1,220,000\end{array}$$
What is cost of goods sold?

• A)$1 222 000
• B)$1 205 000
• C)$1 218 000
• D)$1 235 000

Understand the concept of employment equity and the rationale behind it.

Identify the key components of an effective employment equity plan.

Recognize the roles and responsibilities of an employment equity representative.

Know the first step in creating a workplan for employment equity.

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