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timurjin [86]
3 years ago
7

________ is the practice of taking a significant activity within the organization and contracting that activity out to an indepe

ndent party.
Business
1 answer:
wlad13 [49]3 years ago
6 0
Outsourcing is the practice of taking significant activity with in organization and contracting it to an independent party.
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Last year there was no change in either the raw materials or the work in process beginning and ending inventories. However, fini
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Answer:

d. $625,000

Explanation:

cost of goods available for sale = cost of goods manufactured during the current period + finished goods inventory at the beginning of the period

  • cost of goods manufactured during the current period = $600,000
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cost of goods available for sale = $600,000 + $25,000 = $625,000

cost of goods sold = cost of goods available for sale - ending inventory = $625,000 - $40,000 = $585,000

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