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Onxy Onxy
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6 years ago
Wize Manufacturing reported the following information:

Finished goods inventory   $40,000
Cost of goods manufactured   105,000
Ending inventory of finished goods   15,000
Required:
Compute the cost of goods sold.
A) $120,000
B) $125,000
C) $130,000
D) $135,000
E) $140,000
Textbook 
Managerial Accounting: Decision Making and Motivating Performance

Managerial Accounting: Decision Making and Motivating Performance


Edition: 1st
Authors:
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noitulovenoitulove
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#1
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6 years ago
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More solutions for this book are available here
C
Explanation:  C) [40,000 + 105,000 - 15,000] = $130,000
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Onxy Author
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#2
5 years ago
This subject killed me, thanks you for sharing your expertise
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