Cost of Goods Manufactured and Sold; Missing Data
For each case below, find the missing amount.
| Case I | Case II | Case III |
Beginning inventory of finished goods | ? | $12,000 | $ 7,000 |
Cost of goods manufactured during period | $419,000 | $95,000 | ? |
Ending inventory of finished goods | 98,000 | 8,000 | 21,000 |
Cost of goods sold | 405,000 | ? | 304,000 |
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