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Total Manufacturing cost for the month of Feb at Shilka Manufacturing corporation was $345,000. The following changes occurred in Shilka inventory accounts during Feb:

Increase in raw material inventory $14,000.00
Decrease in work in process inventory $9,000.00
Decrease finished goods inventory $23,000.00

What is Shilka's cost of goods sold?

 

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M966391

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