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Johnson Manufacturing Has the Following Selected Information Available for the Year

Question 26

Multiple Choice

Johnson Manufacturing has the following selected information available for the year: Johnson Manufacturing has the following selected information available for the year: In addition, the cost of the finished goods inventory increased by $10,000 from the beginning to the end of the year. Cost of goods sold for the year is: A) $ 80,000. B) $170,000. C) $ 90,000. D) $110,000. In addition, the cost of the finished goods inventory increased by $10,000 from the beginning to the end of the year. Cost of goods sold for the year is:


A) $ 80,000.
B) $170,000.
C) $ 90,000.
D) $110,000.

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