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Onxy Onxy
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Posts: 1578
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7 years ago
Ice Manufacturing reported the following information:

 Beginning work-in-process inventory        $60,000
 Ending work-in-process inventory          58,000
 Beginning finished goods inventory        160,000
 Ending finished goods inventory        180,000
 Cost of goods manufactured     1,200,000

Required:
Compute the cost of goods sold.
A) $1,000,000
B) $1,180,000
C) $1,450,000
D) $1,540,000
E) $1,680,000
Textbook 
Managerial Accounting: Decision Making and Motivating Performance

Managerial Accounting: Decision Making and Motivating Performance


Edition: 1st
Authors:
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lordingtonlordington
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7 years ago
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