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Jamison Supplies has a cost of goods manufactured for the year of $860,000. Beginning work-in-process inventory was $50,000 and ending work-in-process was $60,000. If Jamisons
Jamison Supplies has a cost of goods manufactured for the year of $860,000. Beginning work-in-process inventory was $50,000 and ending work-in-process was $60,000. If Jamisons beginning finished goods inventory was $500,000 and the ending finished goods inventory was $990,000, what was the companys cost of goods sold for the year?
Multiple Choice
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None of the answers is correct.
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$360,000.
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$1,350,000.
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$490,000.
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$370,000.
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