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Lenco Industries has cost of goods manufactured of $65 000 in May. The finished goods inventory at the end of May was $20 000 and
Lenco Industries has cost of goods manufactured of $65 000 in May. The finished goods inventory at the end of May was $20 000 and the cost of goods sold during May was $75 000. The inventory in finished goods at the beginning of May was: A. $10 000 B. $5 000 C. $20 000 D. $30 000
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