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    Exam 2: Cost Terms, Concepts, and Classifications
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    The Following Information Was Provided by Grand Company for the Year
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The Following Information Was Provided by Grand Company for the Year

Question 76

Question 76

Multiple Choice

The following information was provided by Grand Company for the year just ended: The following information was provided by Grand Company for the year just ended:   What was the cost of goods manufactured for the year? A)  $95,345. B)  $104,655. C)  $395,345. D)  $404,655.CGM = (500,000 - 100,000) - 4,655 = $395,345
What was the cost of goods manufactured for the year?


A) $95,345.
B) $104,655.
C) $395,345.
D) $404,655.CGM = (500,000 - 100,000) - 4,655 = $395,345

Correct Answer:

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