Compute cost of goods sold using the following information: Finished goods inventory, beginning Cost of...
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Accounting
Compute cost of goods sold using the following information: Finished goods inventory, beginning Cost of goods manufactured Finished goods inventory, ending $ 640 4,240 1,450 Cost of Goods Sold is Computed as: Cost of goods sold Add: Cost of goods manufactured $ 4,240 640 4,880 Less: Ending finished goods inventory Cost of goods sold 1,450 $ 3,430
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