Cost of goods manufactured equals $85000 for 2022.Finished Goods Inventory is $2000 at the beginning of the year and $5500 at the end of the year.Beginning and ending Work in Process for 2022 are $4000 and $5000 respectively.How much is Cost of Goods Sold for the year?
A) $87500
B) $83000
C) $81500
D) $88500
Correct Answer:
Verified
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