What was the cost of goods manufactured for the month
Last month a manufacturing company had the following operating results:
Beginning finished goods inventory: $74,000Ending finished goods inventory: $73,000Sales: $464,000Gross margin: $52,000
What was the cost of goods manufactured for the month?
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The beginning inventory of finished goods was $60,000 and the ending inventory of finished goods was $85,000. what the cost of goods manufactured for the first quarter would have been ?
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