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Compute cost of goods sold for the period using the following information. Finished goods inventory, beginning Work in process inventory, beginning Work in process inventory, ending Cost of goods manufactured Finished goods inventory, ending $ 354,080 86,000 76,200 927, 100 331,000 Answer is complete but not entirely correct. Cost of Goods Sold is Computed as: Finished goods inventory, beginning Add: Cost of goods manufactured Cost of goods available for sale Less: Finished goods inventory, ending Cost of goods sold $ 354,000 938,500 1.292.500 316,000 $ 976,500