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    Cost Accounting Study Set 1
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    Exam 2: An Introduction to Cost Terms and Purposes
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    Use the Information Below to Answer the Following Question(s)
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Use the Information Below to Answer the Following Question(s)

Question 67

Question 67

Multiple Choice

Use the information below to answer the following question(s) .Toronto Industries Inc.had the following activities during the year:
Use the information below to answer the following question(s) .Toronto Industries Inc.had the following activities during the year:    -What is Toronto's cost of goods sold during the year? A) $216,000 B) $202,000 C) $224,000 D) $225,000 E) $206,000
-What is Toronto's cost of goods sold during the year?


A) $216,000
B) $202,000
C) $224,000
D) $225,000
E) $206,000

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