The following data were taken from the general ledger and other
data of Thomas Manufacturing on July 31:
Finished goods, July 1 . . ........................................... $ 85,000
Cost of goods manufactured in July . . ............................... 343,000
Finished goods, July 31 ............................................ 93,000
Compute the cost of goods sold for the month of July.

Answer rating: 100% (QA)

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