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Consider the following for Columbia Street Manufacturing: Change in finished goods inventory $1,003 increase Change in work-in-process inventory $ 362 decrease Total manufacturing costs
Consider the following for Columbia Street Manufacturing: Change in finished goods inventory $1,003 increase Change in work-in-process inventory $ 362 decrease Total manufacturing costs $ 915 What are the cost of goods manufactured and cost of goods sold? Cost of goods Cost of manufactured goods sold A. $ 903 $1,077 B. $ 1,277 $ 274 C. $ 1,564 $ 952 D. $ 1,277 $ 583
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Answer The correct answer is D 1277 583 Heres how we can find the cost of goods manufactured COGM and cost of goods sold COGS Change in Finished Goods ...Get Instant Access to Expert-Tailored Solutions
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