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AtlantaAtlanta Office Equipment manufactures and sells metal shelving. It began operations on January1,20202020. ...

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Accounting

AtlantaAtlanta Office Equipment manufactures and sells metal shelving. It began operations on January1,20202020.
LOADING... (Click the icon to view the costs incurred during 20202020.) LOADING... (Click the icon to view the inventory data.)
Revenues in 20202020 were $ 473 comma 200$473,200. The selling price per unit and the purchase price per pound of direct materials were stable throughout the year. The company's ending inventory of finished goods is carried at the average unit manufacturing cost for 20202020.Finished-goods inventory at December31,20202020, was $ 20 comma 970$20,970.

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