Multiple Choice
The cost of sales for Frye Manufacturing in 2017 was $213,000.The 1 January 2017 finished goods inventory balance was $30,800 and the 31 December 2017 finished goods inventory balance was $24,500.Calculate the cost of goods manufactured during 2017.
A) $6300
B) $55,300
C) $237,500
D) $206,700
Correct Answer:
Verified
Correct Answer:
Verified
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