Rocha & Noel Inc.had cost of goods sold of $123,200 for the current year ended December 31.The finished goods inventory on January 1 was $30,800, and the finished goods inventory on December 31 was $18,700.What was the amount of cost of goods manufactured for the year?
A) $129,000
B) $111,100
C) $67,000
D) $113,000
Correct Answer:
Verified
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