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A manufacturing company has a beginning finished goods inventory of $14, 600, raw material purchases of $18, 000, cost of goods manufactured of $32, 500, and an ending finished goods inventory of $17, 800. The cost of goods sold for this company is: $21, 200. $29, 300. $32, 500. $47, 100. $27, 600. Which of the following items does not represent a difference between financial and managerial accounting? Users of the information. Flexibility of reporting. Timeliness of information. Focus of the information. Managerial accounting does not use the financial information from the financial accounting system. Comet Company accumulated the following account information for the year