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Fairchild Pty Ltd Began April with a Finished Goods Inventory

Question 18

Multiple Choice

Fairchild Pty Ltd began April with a finished goods inventory of $25 000. The cost of goods manufactured during the month was $40 000 and the cost of goods sold during April was $50 000.
The inventory remaining in finished goods at the end of April was:


A) $35 000.
B) $25 000.
C) $20 000.
D) $15 000.

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