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Jomo Corporation reported the following data (in dollars):

Inventories: Begin End
Raw materials 30,000 34,000
Work in process 23,000 22,000
Finished goods 32,000 35,000

If the company transferred $222,000 of completed goods from work in process to finished goods inventory during September, what was the cost of goods sold for the month?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M981918

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