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To Calculate the Cost of Goods Sold During the Period

Question 85

Multiple Choice

To calculate the cost of goods sold during the period, you would use which of the following equations?


A) Beginning finished goods + cost of goods manufactured + ending finished goods
B) Ending finished goods + cost of goods manufactured - beginning finished goods
C) Beginning finished goods + cost of goods manufactured - ending finished goods
D) Beginning finished goods + ending finished goods - cost of goods manufactured

Correct Answer:

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