Question: Answer the following questions using the information below: Beginning finished goods, 1 / 1 / 2 0 X 3 $ 9 0 , 0 0

Answer the following questions using the information below:

Beginning finished goods, 1/1/20X3 $ 90,000

Ending finished goods, 12/31/20X377,000

Cost of goods sold 270,000

Sales revenue 500,000

Operating expenses 155,000


What is cost of goods manufactured for 20X3?


  

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