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  3. Study Set
    Cost Accounting
  4. Exam
    Exam 6: Master Budget and Responsibility Accounting
  5. Question
    Cost of Goods Sold Budget Is Calculated as Follows: Beginning
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Cost of Goods Sold Budget Is Calculated as Follows: Beginning

Question 17

Question 17

True/False

Cost of goods sold budget is calculated as follows: beginning finished-goods inventory +cost of goods manufactured - ending finished-goods inventory

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