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A manufacturing company has a beginning finished goods inventory of $16,600, raw material purchases of $20,000, cost of goods manufactured of $36,500, and an ending

A manufacturing company has a beginning finished goods inventory of $16,600, raw material purchases of $20,000, cost of goods manufactured of $36,500, and an ending finished goods inventory of $19,800. The cost of goods sold for this company is:

$36,500.

$31,600.

$33,300.

$23,200.

$53,100.

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