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During April, the Cost of Goods Manufactured Was £74,000

Question 38

Multiple Choice

During April, the cost of goods manufactured was £74,000. The beginning finished goods inventory was £17,000 and the ending finished goods inventory was £14,000. What was the cost of goods sold for the month


A) £74,000
B) £71,000
C) £77,000
D) £105,000

Correct Answer:

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