Question

2 Compute cost of goods sold using the following information: 12.5 points Finished goods inventory, beginning Cost of goods m
2 Compute cost of goods sold using the following information: 12.5 points Finished goods inventory, beginning Cost of goods m
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Answer #1
Beginning finished goods inventory $ 960
Add: Cost of goods manufactured $ 6,600
Goods available fpr sale $ 7,560
Less: Ending finished goods inventory ($ 1,150)
Cost of goods sold $ 6,410
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