Last month a manufacturing company had the following operating results: beginning finished goods inventory - $84,000; ending finished goods inventory - $71,000; sales - $505,000; gross margin - $63,000. What was the cost of goods manufactured for the month? A) $429,000. B) $492,000. C) $442,000. D) $455,000.
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Home » Business » Last month a manufacturing company had the following operating results: beginning finished goods inventory - $84,000; ending finished goods inventory - $71,000; sales - $505,000; gross margin - $63,000.