Sage Ltd. had the following results for the month of March. What was the cost of goods

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Sage Ltd. had the following results for the month of March. What was the cost of goods manufactured
in March?
Sales . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $1,700,000
Opening finished goods inventory . . . . . . . . . . . . . . . . . . 30,000
Gross margin . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 800,000
Ending finished goods inventory. . . . . . . . . . . . . . . . . . . . 185,000

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Related Book For  book-img-for-question

Introduction to Managerial Accounting

ISBN: 978-1259103261

4th Canadian edition

Authors: Peter C. Brewer, Ray H Garrison, Eric Noreen, Suresh Kalagnanam, Ganesh Vaidyanathan

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