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Determine what is the cost of goods sold

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Reference no: EM132526416

Question 1: Assume cost of the goods manufactured for the period total $700 000. If Finished Goods at the start is $55 000 and finished goods at the end is $40 000, what is the cost of goods sold?

Select one:

a. $715 000

b. $735 000

c. $685 000

d. $700 000

Reference no: EM132526416

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