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Given the following data for XY Production Company for the month of June 20x5: Finished goods inventory (FGI) Beginning $50,000 Ending $100,000 Work in process
Given the following data for XY Production Company for the month of June 20x5: | |
Finished goods inventory (FGI) | |
Beginning | $50,000 |
Ending | $100,000 |
Work in process inventory (WIPI) | |
Beginning | $10,000 |
Ending | $20,000 |
Added costs | $210,000 |
What is the cost of goods sold (CGS)? |
$220,000 | ||
$210,000 | ||
$200,000 | ||
$150,000 |
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