Compute cost of goods sold for year 2009 using the following information. Finished goods inventory, Dec. 31,

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Compute cost of goods sold for year 2009 using the following information.

Finished goods inventory, Dec. 31, 2008 . . . . . . . . . . $ 690,000

Goods in process inventory, Dec. 31, 2008 . . . . . . . 167,000

Goods in process inventory, Dec. 31, 2009 . . . . . . . 144,600

Cost of goods manufactured, year 2009 . . . . . . . . . . 1,837,400

Finished goods inventory, Dec. 31, 2009 . . . . . . . . . . 567,200

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Managerial Accounting

ISBN: 978-0073379586

2010 Edition

Authors: John J. Wild, Ken W. Shaw

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Question Posted: May 17, 2012 04:50 AM

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Compute cost of goods sold for year 2009 using the following information. Finished goods inventory, Dec. 31,

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