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The Lazy Company's cost of goods manufactured was $240,000 when its sales were $400,000 and its gross margin was $120,000. If the ending inventory of

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The Lazy Company's cost of goods manufactured was $240,000 when its sales were $400,000 and its gross margin was $120,000. If the ending inventory of finished goods was $50,000, the beginning inventory of finished goods must have been: $90.000 $50,000 $10.000 $210,000

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