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Beginning finished goods inventory in units 0 Units produced 4,800 Units sold 4,000 Sales $ 400,000 Materials cost $ 96,000 Variable conversion cost used $

Beginning finished goods inventory in units 0
Units produced 4,800
Units sold 4,000
Sales $ 400,000
Materials cost $ 96,000
Variable conversion cost used $ 48,000
Fixed manufacturing cost $ 72,000
Indirect operating costs (fixed) $ 80,000

Cost of goods sold using variable costing is:

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