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Question 15 Cheddar Corporation reports the following for the year. Finished goods inventory, January 1 Finished goods inventory, December 31 Total cost of goods sold
Question 15 Cheddar Corporation reports the following for the year. Finished goods inventory, January 1 Finished goods inventory, December 31 Total cost of goods sold Cost of Goods Available for Sale -Ending Finished Goods Inventory Cost of Goods Sold The cost of goods manufactured for the year is $ A (Hint: Based on the information provided, you have the values to solve for the cost of goods manufactured. Use the Quick Reference Sheet for many of the formulas.) For example,, the formula would be: Beg. Finished Goods inventory + Cost of Goods Manufactured B $11,600 $10,800 $16.200 $20,000 $ 3,800 Jhuy $4,600 $15,400 1 Point
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