Multiple Choice
Which one of the following is the correct calculation of cost of goods sold for a manufacturing company?
A) beginning FG inventory - cost of goods manufactured - ending FG inventory
B) ending FG inventory - cost of goods manufactured + beginning FG inventory
C) beginning FG inventory + cost of goods purchased - ending FG inventory
D) beginning FG inventory + cost of goods manufactured - ending FG inventory
Correct Answer:

Verified
Correct Answer:
Verified
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