The following information relates to Musk Corporation.
Inventory conversion period 15 days
Closing inventory $28,000
Assuming there are 360 days in a year, what is the company's total cost of goods sold during the year? (Round your answer to two decimal places.)?
A. ?$550,000
B. ?$475,000
C. ?$750,000
D. ?$672,000
E. ?$580,000
Answer: D
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