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The following data are for a recent period's operations: Beginning finished goods inventory $150,475 Ending finished goods inventory $145,750 Sales $400,000 Gross margin $120,000 The
The following data are for a recent period's operations: Beginning finished goods inventory $150,475 Ending finished goods inventory $145,750 Sales $400,000 Gross margin $120,000 The cost of goods manufactured was: a. $115,275 b. $284,725 c. $275,275 d. $124,725
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