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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

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.

$375,000

b.

None of the answers given

c.

$300,000

d.

$200,000

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