Multiple Choice
The beginning finished goods inventory of Ronald Co.was $480,125.Goods completed during the year cost $963,250.The ending finished goods inventory was dangerously low,having been reduced to $135,850.The cost of goods sold for the year for Ronald Co.was
A) $618,975.
B) $1,307,525.
C) $1,579,225.
D) $1,171,675.
Correct Answer:
Verified
Correct Answer:
Verified
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