Determine what was cost of goods manufactured for month

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Last month a manufacturing company had the following operating results:

Beginning finished goods inventory $77,000

Ending finished goods inventory $54,000

Sales $449,000

Gross margin $75,000

Problem 1: What was the cost of goods manufactured for the month?

A) $426,000

B) $351,000

C) $374,000

D) $397,000

Reference no: EM132833758

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