Question
Holden Industries began July with a finished-goods inventory of $54,000. The finished-goods inventory at the end of July was $70,000 and the cost of goods
Holden Industries began July with a finished-goods inventory of $54,000. The finished-goods inventory at the end of July was $70,000 and the cost of goods sold during the month was $131,000. The cost of goods manufactured during July was:
A. $124,000.
B. $131,000.
C. $115,000.
D. $147,000.
E. None of these.
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Lessons Learned On The Audit Trail
Authors: Richard F.Chambers, CIA, QIAL, CGAP, CCSA, CRMA
1st Edition
0894139037, 978-0894139031
