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  3. Study Set
    Principles of Cost Accounting Study Set 1
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    Exam 1: Introduction to Cost Accounting
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    Ashley Corp
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Ashley Corp

Question 3

Question 3

Multiple Choice

Ashley Corp. had finished goods inventory of $50,000 and $60,000 at April 1 and April 30, respectively, and cost of goods manufactured of $175,000 in April. Cost of goods sold in April was:


A) $165,000
B) $175,000
C) $185,000
D) $225,000

Correct Answer:

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