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Brown Company has $30,000 of ending finished goods inventory as of December 31, 2008. If beginning finished goods inventory was $25,000 and cost of goods sold was $40,000, how much would Brown report for cost of goods manufactured?

a) $42,500

b) $25,000

c) $35,000

d) $45,000

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9443107

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