The Finished Goods Inventory and Cost of Goods Sold for a manufacturing company for the year 20xx are as follows: January 1 Finished Goods Inventory, $382,500; December 31 Finished Goods Inventory, $270,000; Cost of Goods Sold for the year, $1,488,000 . The cost of goods manufactured for the year was
a. $1,105,500.
b. $610,500.
c. $1,150,500.
d. $1,375,500.
D
Business
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