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The Cost of Goods Sold for Frye Manufacturing in the Year

Question 150

Multiple Choice

The cost of goods sold for Frye Manufacturing in the year was $297,000.The January 1 Finished Goods Inventory balance was $31,600,and the December 31 Finished Goods Inventory balance was $25,600.Calculate the cost of goods manufactured during the year.


A) $322,600
B) $57,200
C) $291,000
D) $6000

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