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Calculate the cost of goods sold for a company with the following information: Item Amount ($) Beginning Finished Goods Inventory $12,300,000 Ending Finished Goods Inventory
Calculate the cost of goods sold for a company with the following information:
Item | Amount ($) |
Beginning Finished Goods Inventory | $12,300,000 |
Ending Finished Goods Inventory | $12,345,000 |
Cost of Goods Manufactured | $61,725,000 |
Selling and Administrative Expenses | $20,865,000 |
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