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Data table Case 1: Find the unknowns designated by the letters A and B. First, solve for A. Cost of goods sold. Now use the
Data table Case 1: Find the unknowns designated by the letters A and B. First, solve for A. Cost of goods sold. Now use the cost of goods sold formula to solve for B. Finished goods inventory, 12/31. Case 2: Find the unknowns designated by the letters C and D. First, solve for C. Gross margin. Next, complete the cost of goods sold formula
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