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During April, the Meade Enterprises Had the Following Operating Results

Question 73

Multiple Choice

During April, the Meade Enterprises had the following operating results:
 Sales revernue $1,500,000 Gross margin $600,000 Ending work-in-process inventory $50,000 Beginning work-in-process inventory $80,000 Ending finished goods inventory $100,000 Beginnirng finished goods inventory $125,000 Marketing costs $250,000 Administrative costs $150,000\begin{array} { l r r } \text { Sales revernue } & \$ 1,500,000 \\\text { Gross margin } & \$ 600,000 \\\text { Ending work-in-process inventory } & \$ 50,000 \\\text { Beginning work-in-process inventory } & \$ 80,000 \\\text { Ending finished goods inventory } & \$ 100,000 \\\text { Beginnirng finished goods inventory } & \$ 125,000 \\\text { Marketing costs } & \$ 250,000 \\\text { Administrative costs } & \$ 150,000\end{array}
What is the cost of goods manufactured for April?


A) $900,000
B) $875,000
C) $925,000
D) $905,000

Correct Answer:

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