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Sage Ltd. had the following results for the month of March. Sales $ 1,700,000 Cost of goods manufactured $ 975,000 Gross margin 40 % of
Sage Ltd. had the following results for the month of March. Sales $ 1,700,000 Cost of goods manufactured $ 975,000 Gross margin 40 % of sales Ending finished goods inventory $ 85,000 Required: What was the cost of finished goods inventory at the beginning of March?
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