A company has year- end cost of goods manufactured of $ 4,000, beginning finished goods inventory of

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A company has year- end cost of goods manufactured of $ 4,000, beginning finished goods inventory of $ 500, and ending finished goods inventory of $ 750. Its cost of goods sold is
1. $ 4,250
2. $ 4,000
3. $ 3,750
4. $ 3,900

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Fundamental accounting principle

ISBN: 978-0078025587

21st edition

Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta

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Question Posted: Nov 26, 2013 10:28 AM

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A company has year- end cost of goods manufactured of $ 4,000, beginning finished goods inventory of

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Fundamental accounting principle

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