Dorsett Technologies had finished goods inventory on January 1, 20X8 of $29,300 and finished goods inventory on December 31, 20X8 of $24,100. If the cost of goods sold for the year was $427,500, what was the cost of goods manufactured for the year?
A. $427,500.
B. $402,100.
C. $417,100.
D. $422,300.
E. None of the answers is correct.
Answer: D
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Answer the following statement true (T) or false (F)