A company has year-end cost of goods manufactured of $5,000, beginning finished goods inventory of $700, and

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A company has year-end cost of goods manufactured of $5,000, beginning finished goods inventory of $700, and ending finished goods inventory of $850. Its cost of goods sold is
1. $4,250
2. $4,000
3. $4,850
4. $6,550

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Fundamental Accounting Principles

ISBN: 978-0078110870

20th Edition

Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta

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Question Posted: Dec 26, 2012 09:01 AM

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A company has year-end cost of goods manufactured of $5,000, beginning finished goods inventory of $700, and

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Fundamental Accounting Principles

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