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madreJ [45]
3 years ago
13

Rogers Products Company records show these amounts for the year: beginning inventory, January 1, $630,750; cost of goods produce

d during the year, \$1,682,900; ; ending inventory, December 31, \$673,580 . Find the cost of goods sold for the year.
Mathematics
1 answer:
hoa [83]3 years ago
5 0

Answer:

  $1,640,070

Step-by-step explanation:

Cost of goods sold = (starting inventory) +(production) -(ending inventory)

  = $630,750 +1,682,900 -673,580

  = $1,640,070

The cost of goods sold for the year was $1,640,070.

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