Calculate cost of goods sold for the period

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Problem - Using the information below, calculate cost of goods sold for the period:

Sales revenues for the period $1,304,000

Operating expenses for the period $239,000

Finished Goods Inventory, January 1 $36,000

Finished Goods Inventory, December 31 $41,000

Cost of goods manufactured for the period $540,000.

Reference no: EM132467678

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