Multiple Choice
A manufacturing company has a beginning finished goods inventory of $14,600, raw material purchases of $18,000, cost of goods manufactured of $32,500, and an ending finished goods inventory of $17,800. The cost of goods sold for this company is:
A) $47,100.
B) $27,600.
C) $21,200.
D) $29,300.
E) $32,500.
Correct Answer:
Verified
Correct Answer:
Verified
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