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Knox Manufacturing Company reported the following year-end information: beginning work in process inventory, $270,000; cost...

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Accounting

Knox Manufacturing Company reported the following year-end information: beginning work in process inventory, $270,000; cost of goods manufactured, $1,074,000; beginning finished goods inventory, $380,000; ending work in process inventory, $330,000; and ending finished goods inventory, $409,000. Knox Manufacturing Company's cost of goods sold for the year is

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