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Crane Company reported the following year-end information: beginning work in process inventory, $80000; cost of goods manufactured, $866000; beginning finished goods inventory, $152000; ending

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Crane Company reported the following year-end information: beginning work in process inventory, $80000; cost of goods manufactured, $866000; beginning finished goods inventory, $152000; ending work in process inventory, $120000; and ending finished goods inventory, $164000. Crane Company's cost of goods sold for the year is $826000. $854000. $878000. O $702000.

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