The following data are for a recent period's operations: Beginning finished goods inventory....................150,475 Ending finished goods inventory........................$145,750
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The following data are for a recent period's operations:
Beginning finished goods inventory....................150,475
Ending finished goods inventory........................$145,750
Sales.........................................................$400,000
Gross margin................................................$120,000
The cost of goods manufactured was:
A)$115,275
B)$284,725
C)$275,275
D)$124,725
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Sales Cost of goods sold Gross margin 400000 Cost of goods sold 120...View the full answer
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