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Data foran art supplies companyfor the yearare as follows: Finished goods inventory, beginning balance $300,000 Work-in-process inventory, endingbalance 215,000 Underapplied manufacturing overhead 40,000 Finished goods
Data foran art supplies companyfor the yearare as follows:
Finished goods inventory, beginning balance | $300,000 |
Work-in-process inventory, endingbalance | 215,000 |
Underapplied manufacturing overhead | 40,000 |
Finished goods inventory, endingbalance | 250,000 |
Work-in-process inventory, beginning balance | 200,000 |
Cost of goods manufactured | 685,000 |
What isthe company'scomputed adjusted cost of goods sold
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