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Company XYZ has the following data for the past year: Sales revenue: $500,000 Variable costs: $200,000 Fixed costs: $100,000 Beginning inventory: $10,000 Ending inventory: $15,000
- Company XYZ has the following data for the past year:
- Sales revenue: $500,000
- Variable costs: $200,000
- Fixed costs: $100,000
- Beginning inventory: $10,000
- Ending inventory: $15,000 Calculate the company's cost of goods sold for the year.
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Horngrens Financial and Managerial Accounting
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
5th edition
9780133851281, 013385129x, 9780134077321, 133866297, 133851281, 9780133851298, 134077326, 978-0133866292
