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    Managerial Accounting Study Set 13
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    Exam 2: Managerial Accounting and Cost Concepts
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    The Following Data (In Thousands of Dollars) Have Been Taken
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The Following Data (In Thousands of Dollars) Have Been Taken

Question 21

Question 21

Multiple Choice

The following data (in thousands of dollars) have been taken from the accounting records of Karlana Corporation for the just completed year. The following data (in thousands of dollars)  have been taken from the accounting records of Karlana Corporation for the just completed year.   -The cost of goods sold for the year (in thousands of dollars)  was: A)  $670 B)  $500 C)  $540 D)  $650
-The cost of goods sold for the year (in thousands of dollars) was:


A) $670
B) $500
C) $540
D) $650

Correct Answer:

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