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The following data (in thousands of dollars) have been taken from the accounting records of Kovach Corporation for the just competed year. 1. The following
The following data (in thousands of dollars) have been taken from the accounting records of Kovach Corporation for the just competed year.
1. The following data (in thousands of dollars) have been taken from the accounting records of Kovach Corporation for the just completed year. Part (a) What was the cost of the raw materials used in production during the year (in thousands of dollars)? Part (b) What was the cost of goods manufactured (finished) for the year (in thousands of dollars)? Part (c) What was the cost of goods sold for the year (in thousands of dollars)? Part (d) What was the net income for the year (in thousands of dollars)
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