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In Its First Year of Operation, the Excellent Publishing Company

Question 34

Multiple Choice

In its first year of operation, the Excellent Publishing Company sells 52,000 units and has 1,700 units in stock at year end. The cost of goods sold are $3,100,000. What are the total manufacturing costs for the year if the average unit cost is $8.50?


A) $3,114,450
B) $3,100,000
C) $3,085,550
D) $14,450

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