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The following information relates to the operations of Favre Company: Finished Goods Inventory, beginning Finished Goods Inventory, ending Cost of goods available for sale
The following information relates to the operations of Favre Company: Finished Goods Inventory, beginning Finished Goods Inventory, ending Cost of goods available for sale $ 29,000 16,000 185,000 a. What was Favre's cost of goods manufactured for the period? b. What was Favre's cost of goods sold for the period? Required: Provide input into cells shaded in yellow in this template. Use mathematical formulas with cell references to the Problem or work area as indicated. a. Cost of goods manufactured b. Cost of goods sold
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