For the month of May, Latter Company has beginning finished goods inventory of $50,000, ending finished goods
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For the month of May, Latter Company has beginning finished goods inventory of $50,000, ending finished goods inventory of $35,000, and cost of goods manufactured of $125,000.
What is the cost of goods sold for May?
a. $90,000
b. $110,000
c. $140,000
d. $170,000
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Related Book For
Financial And Managerial Accounting
ISBN: 9781337902663
15th Edition
Authors: Carl S. Warren, Jefferson P. Jones, William B. Tayler
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