EBK BUSINESS ANALYTICS
3rd Edition
ISBN: 9780135231906
Author: Evans
Publisher: VST
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Oakridge Manufacturing had the following balances on December 30, 2024:
Finished Goods Inventory: $480,000
Cost of Goods Manufactured for December: $1,400,000
Total Manufacturing Costs for December: $1,550,000
Cost of Goods Sold in December: $1,500,000
Calculate the beginning balance of Finished Goods Inventory on December 1, 2024.
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