Question
A manufacturing company has a beginning finished goods inventory of $27,600, cost of goods manufactured of $57,800, and an ending finished goods inventory of $26,900.
A manufacturing company has a beginning finished goods inventory of $27,600, cost of goods manufactured of $57,800, and an ending finished goods inventory of $26,900. The cost of goods sold for this company is:
Multiple Choice
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$112,300.
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$57,100.
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$3,300.
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$84,700.
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$58,500.
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Income Tax Planning
Authors: Thomas P. Langdon, E. Vance Grange, Michael A. Dalton
5th Edition
1936602075, 978-1936602070
