Assume the following information for Fruitful Proprietary Limited. for the year ended December 31, 2011: Sales R5,160 Cost of goods manufactured for the year R1,800 Beginning finished goods inventory R834 Ending finished goods inventory R593 Selling and administrative expenses R424 What is the cost of goods sold for the year ended 31 December 2011?
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Assume the following information for Fruitful Proprietary Limited. for the year ended December 31, 2011:
|
Sales |
R5,160 |
|
Cost of goods manufactured for the year |
R1,800 |
|
Beginning finished goods inventory |
R834 |
|
Ending finished goods inventory |
R593 |
|
Selling and administrative expenses |
R424 |
What is the cost of goods sold for the year ended 31 December 2011?
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