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Use the Following Information to Answer Problems Below

Question 108

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Use the following information to answer Problems below .
Pottery Farm Co. manufactures Bowls, Plates, and Cups. Management is preparing the budgets for September, and has accumulated the following information:
Use the following information to answer Problems below .  Pottery Farm Co. manufactures Bowls, Plates, and Cups. Management is preparing the budgets for September, and has accumulated the following information:    -Beginning Finished Goods Inventory had a value of $70,000. Pottery Farm uses a FIFO costing system.  What is the budgeted Cost of Goods Sold for September?
-Beginning Finished Goods Inventory had a value of $70,000. Pottery Farm uses a FIFO costing system.
What is the budgeted Cost of Goods Sold for September?

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Cost of Goods Sold = Cost of Goods Manuf...

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