The following is known about the company's operations during the season WIP at the beginning of the
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Question:
The following is known about the company's operations during the season
WIP at the beginning of the season: 75,000 WIP production at the end of the season: 85,000
Stock of finished products at the beginning of the season: 175,000
Stock of finished products at the end of the season: 210,000
Cost of manufactured goods: 1,205,000
1. What is the cost of goods sold?
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