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Inventory calculation On January 1, the finished goods inventory of the Manuel Company was $300,000during the year Manuels cost of goods manufactured was $1,900,000sales were
Inventory calculation On January 1, the finished goods inventory of the Manuel Company was $300,000during the year Manuels cost of goods manufactured was $1,900,000sales were $2,000,000 with a 20% gross profit Required: The cost assigned to the December 31 finished goods inventory
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