Question

Mustang Corporation has accumulated the following accounting data for the month of April:
Finished goods inventory, April 1 "u00a6. $30,200
Finished goods inventory, April 30 "u00a6 24,600
Total cost of goods manufactured"u00a6"u00a6. 114,500
The cost of goods sold for the year is:
A.$169,300.
B.$108,900.
C.$59,700.
D.$120,100.
E.$144,700.

Answer

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