Finished Goods beginning and ending balances are $18,000 and $14,000.The cost of goods manufactured for the period was $145,000.Actual manufacturing overhead for the period was $32,000 and applied overhead was $35,000.The adjusted cost of goods sold was:
A) $152,000.
B) $149,000.
C) $146,000.
D) $144,000.
Correct Answer:
Verified
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