Harrison Industries began July with a finished-goods inventory of $48,000. The finished-goods inventory at the end of July was $56,000 and the cost of goods sold during the month was $125,000. The cost of goods manufactured during July was:
A. $125,000.
B. $117,000.
C. $104,000.
D. $133,000.
E. None of the answers is correct.
Answer: D
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