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Sagot :
Answer:
COGS= $129,800
Explanation:
Giving the following information:
Finished goods inventory, April 1$32,600
Finished goods inventory, April 30 26,600
Total cost of goods manufactured 123,800
To calculate the cost of goods sold, we need to use the following formula:
COGS= beginning finished inventory + cost of goods manufactured - ending finished inventory
COGS= 32,600 + 123,800 - 26,600
COGS= $129,800
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