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27 June, 22:13

Fontana Manufacturing provided the following information for the month ended March 31: Sales Revenue $26,000 Beginning Finished Goods Inventory 8000 Ending Finished Goods Inventory 13,500 Cost of Goods Manufactured 15,600 Compute cost of goods available for sale.

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  1. 27 June, 23:08
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    The correct answer is $23,600.

    Explanation:

    According to the scenario, the given data are as follows:

    Beginning Finished goods = $8,000

    Cost of Goods Manufactured = $15,600

    So, we can calculate the cost of goods available for sale by using following formula:

    Cost of goods available = Beginning Finished goods + Cost of Goods Manufactured

    By putting the value we get,

    Cost of goods available = $8,000 + $15,600

    = $23,600

    Hence, the cost of goods available for sale is $23,600.
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