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Barrister and Company Began July with a Finished Goods Inventory

Question 26

Multiple Choice

Barrister and Company began July with a finished goods inventory of $10 000. The cost of goods manufactured during the month was $85 000 and the ending finished goods inventory was $20 000.
The cost of goods sold during July was:


A) $55 000.
B) $75 000.
C) $95 000.
D) $105 000.

Correct Answer:

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