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The Beginning and Ending Finished Goods Inventories of the Prize

Question 80

Multiple Choice

The beginning and ending finished goods inventories of the Prize Ring manufacturing company were $75,000 and $73,000 respectively.If cost of goods sold equaled $66,000,what is the amount of cost of goods manufactured for this period?


A) $2,000
B) $64,000
C) $68,000
D) $82,000
E) $214,000

Correct Answer:

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