Beginning and ending work in process for 2009 are 8000 and, Ask an Expert

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Cost of goods manufactured equals $88,000 for 2009. Finished goods inventory is $4,000 at the beginning of the year and $11,000 at the end of the year. Beginning and ending work in process for 2009 are $8,000 and $10,000 respectively. How much is cost of goods sold for the year?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9450579

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