Keeton Company had the following data: 
Determine the cost of goods sold.
Definitions:
Clauses
Distinct provisions or sections within a legal document or contract that specify certain terms or conditions.
Jurisdiction
The power of a court to hear and decide a case.
Prerogative
A special right or privilege exclusive to a particular individual or class.
Venue
The geographical location or court where a case is heard, often chosen based on where the parties live or where an event occurred.
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