Multiple Choice
Ringgold Company had beginning finished goods of $36,000.During the period,the company produced goods that cost $150,000.If the ending balance in the Finished Goods Inventory account was $24,000,the amount of cost of goods sold was:
A) $162,000.
B) $150,000.
C) $138,000.
D) none of these.
Correct Answer:
Verified
Correct Answer:
Verified
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