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Data for an art supplies company for the year are as follows: Finished goods inventory, beginning balance $300,000 Work-in-process inventory, ending balance 215,000 Underapplied manufacturing
Data for an art supplies company for the year are as follows: Finished goods inventory, beginning balance $300,000 Work-in-process inventory, ending balance 215,000 Underapplied manufacturing overhead 40,000 250,000 Finished goods inventory, ending balance Work-in-process inventory, beginning balance 200,000 Cost of goods manufactured 685,000 What is the company's computed adjusted cost of goods sold? Correct $630,000 $710,000 O $715,000 $775,000
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