The beginning balance in Finished Goods is ($50,000,) the ending balance in Finished Goods is ($100,000,) and

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The beginning balance in Finished Goods is \($50,000,\) the ending balance in Finished Goods is \($100,000,\) and Cost of Goods Manufactured is \($200,000.\) What is Cost of Goods Sold?
a. \($100,000.
b.\) \($250,000.
c.\) \($150,000.
d.\) None of the above.

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Managerial Accounting

ISBN: 12

3rd Edition

Authors: James Jiambalvo

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