SE 2. Using the following information from Char Company, prepare an income statement through operating income for
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SE 2. Using the following information from Char Company, prepare an income statement through operating income for the year:
Sales $900,000 Finished goods inventory, beginning 45,000 Cost of goods manufactured 585,000 Finished goods inventory, ending 60,000 Operating expenses 275,000 Cost Flow in a Manufacturing Organization
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