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Old MathJax webview The following information was provided by Grand Company for the year just ended: Beginning finished goods inventory$130,425Ending finished goods inventory$125,770Sales$500,000Gross margin$100,000 The

Old MathJax webview

The following information was provided by Grand Company for the year just ended: Beginning finished goods inventory$130,425Ending finished goods inventory$125,770Sales$500,000Gross margin$100,000

The cost of goods manufactured for the year was:

Tech Computer manufactures tablets in its plant located in Toronto and then ships the computers directly to distributors and retailers. The company's accountant has enlisted you to classify the following company's expenses:

Straight line depreciation on the factory building.

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