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Olde Tyme Beverage Companys operating activities for the year are listed below. Cost of Goods Manufactured $132,000 Operating expenses 80,000 Beginning inventory, FG 16,000 Ending
Olde Tyme Beverage Companys operating activities for the year are listed below.
| Cost of Goods Manufactured | $132,000 |
| Operating expenses | 80,000 |
| Beginning inventory, FG | 16,000 |
| Ending inventory, FG | 12,000 |
| Sales revenue | 275,000 |
What is the cost of goods sold for the year?
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Financial Accounting
Authors: Kermit D. Larson, Paul B. W. Miller
5th Edition
0256091935, 978-0256091939
