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Calculate the beginning inventory of finished goods of the below case. Cost of goods manufactured during the period$970,000 Ending inventory of finished goods$170,000 Cost of
Calculate the beginning inventory of finished goods of the below case.
Cost of goods manufactured during the period$970,000
Ending inventory of finished goods$170,000
Cost of goods sold $1 000 000
a.
$200,000
b.
None of the answers given
c.
$375,000
d.
$300,000
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