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Roosevelt Company had beginning finished goods inventory of $19,300. During the period, the company produced...

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Question

Accounting

Roosevelt Company had beginning finished goods inventory of $19,300. During the period, the company produced goods that cost $81,500. If the ending balance in finished goods was $13,300, the amount of cost of goods sold was:

answer choices:

-$87,500.

-$75,500.

-$81,500.

-none of the above answers are correct.

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