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The Cost of Goods Sold for Frye Manufacturing in 2015

Question 156

Multiple Choice

The cost of goods sold for Frye Manufacturing in 2015 was $233,000. The January 1, 2015, finished goods inventory balance was $31,600, and the December 31, 2015, finished goods inventory balance was $24,200. Calculate the cost of goods manufactured during 2015.


A) $288,800
B) $233,000
C) $225,600
D) $240,400

Correct Answer:

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