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A company started the year with $185,000 of goods finished and ready for sale. During the year, a total of $700,000 of goods were started
A company started the year with $185,000 of goods finished and ready for sale. During the year, a total of $700,000 of goods were started in production. Of the goods started, $550,000 were finished during the year.
If total cost of goods sold for the year equals $625,000, the company's ending finished goods inventory equals $
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