Data for an art supplies company for the year are as follows: Finished goods inventory,...
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Accounting
Data for an art supplies company for the year are as follows: Finished goods inventory, beginning balance $300,000 Work-in-process inventory, ending balance 215,000 Underapplied manufacturing overhead 40,000 Finished goods inventory, ending balance 250,000 Work-in-process inventory, beginning balance 200,000 Cost of goods manufactured 685,000 What is the companys computed adjusted cost of goods sold?
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