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Home Q & A Board Other Fields Homework Help Business Accounting
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bernie2981 bernie2981
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8 years ago
Tall Timbers reports the following data for its first year of operation.

Work in process inventory, beginning   $           0
Work in process inventory, ending   50,000
Manufacturing overhead   25,000
Direct materials used    7,000
Finished goods inventory, beginning    0
Finished goods inventory, ending   20,000
Cost of goods manufactured   85,000

What is the cost of goods sold?
A) $65,000
B) $85,000
C) $115,000
D) $117,000
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
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nucleinuclei
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8 years ago
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3 years ago
Helped a ton!
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