Case A Case B Case C Beginning inventory of finished goods $ 120,000 $ 7000 Cost of goods manufactured during period 400 000 $ 960 000 ? Ending inventory of finished goods 40 000 160 000 25 000 Cost of goods sold 1 000 000 280 000 Required: 1. Determine the missing amount in each of the independent cases above. 2. Explain the components of cost of goods manufactured