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Prepare a cost of goods sold statement for last year

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Reference no: EM132869948

Problem - Brody Company makes industrial cleaning solvents. Various chemicals, detergent, and water are mixed together and then bottled in 10-gallon drums. Brody provided the following information for last year: Last year, Brody completed 100,000 units. Sales revenue equaled $1,200,000, and Brody paid a sales commission of 5% of sales. Prepare a cost of goods sold statement for last year.

Reference no: EM132869948

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