Last month a manufacturing company had the following operating results: Beginning finished goods inventory: KD 72,000 Ending

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Last month a manufacturing company had the following operating results:

Beginning finished goods inventory: KD 72,000

Ending finished goods inventory: KD 66,000

Sales: KD 465,000

Gross margin: KD 88,000

What was the cost of goods manufactured for the month?

a. KD 371,000

b. KD 377,000

c. KD 459,000

d. KD 383,000

Related Book For answer-question

Accounting

ISBN: 978-0324188004

21st Edition

Authors: Carl s. warren, James m. reeve, Philip e. fess

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Posted Date: Jan 13, 2021 03:08 AM

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Last month a manufacturing company had the following operating results: Beginning finished goods inventory: KD 72,000 Ending

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Accounting

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