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How much is the cost of goods sold for the year

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Reference no: EM132822434

Question 1: ABC Manufacturing Company reported the following year-end information: beginning work in process inventory, $80,000; cost of goods manufactured, $980,000; beginning finished goods inventory, $50,000; ending work in process inventory, $70,000; and ending finished goods inventory, $40,000. How much is the cost of goods sold for the year?

Reference no: EM132822434

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