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During its first year of operations. Silverman Company paid $10.285 for direct materials and $9,800 for production workers wages. Lease payments and utilities on the
During its first year of operations. Silverman Company paid $10.285 for direct materials and $9,800 for production workers wages. Lease payments and utilities on the production facilities amounted to $8.800 while general, selling, and administrative expenses totaled $4.300. The company produced 5.450 units and sold 3,300 units at a price of $7.80 a unit. What is Silverman's cost of goods sold for the year? Multiple Choice $14.765 $17490 $24.385 $28.885 K Prey2 of 21 Next>
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