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What was cost of goods manufactured for the first quarter

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Reference no: EM132804692

Problem 1: The gross margin for Cushing Company for the first quarter of last year was $325,000 when sales were $700,000. The beginning inventory of finished goods was $60,000, and the ending inventory of finished goods was $85,000. What was the cost of goods manufactured for the first quarter?

Reference no: EM132804692

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