The beginning finished goods inventory of Ronald Co was $480,125. Goods completed during the year cost $963,250. The ending finished goods inventory was dangerously low, having been reduced to $135,850. The cost of goods sold for the year for Ronald Co was
A) $618,975.
B) $1,307,525.
C) $1,579,225.
D) $1,171,675.
B
Business
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