Zimmer, Inc. started the month of January with beginning finished goods inventory of $20,000. The cost of
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Zimmer, Inc. started the month of January with beginning finished goods inventory of $20,000. The cost of goods manufactured during the month was $120,000 and the ending finished goods inventory was $50,000. What is the unadjusted cost of goods sold for January?
$90,000
$120,000
$140,000
$150,000
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