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The Following Inventory Balances Relate to Lequin Manufacturing Corporation at the Beginning

Question 28

Multiple Choice

The following inventory balances relate to Lequin Manufacturing Corporation at the beginning and end of the year: The following inventory balances relate to Lequin Manufacturing Corporation at the beginning and end of the year:   Lequin's total manufacturing cost was $543,000. What was Lequin's cost of goods sold? A)  $517,000 B)  $545,000 C)  $569,000 D)  $567,000
Lequin's total manufacturing cost was $543,000. What was Lequin's cost of goods sold?


A) $517,000
B) $545,000
C) $569,000
D) $567,000

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