Duggan Corporation Has Provided the Following Information What Is Cost of Goods Sold?
A)$249 000
B)$248 000

question 133

Multiple Choice

Duggan Corporation has provided the following information:
$\begin{array}{|lr|}\hline & \\\hline \text { Beginning work-in-process inventory } & \$ 20,000 \\\hline \text { Ending work-in-process inventory } & 23,000 \\\hline \text { Beginning finished goods inventory } & 36,000 \\\hline \text { Ending finished goods inventory } & 34,000 \\\hline \text { Cost of goods manufactured } & 246,000 \\\hline\\\hline\end{array}$
What is cost of goods sold?

• A)$249 000
• B)$248 000
• C)$243 000
• D)$244 000

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Business Environment

The combination of all external and internal factors that influence a business's operating situation, including economic, legal, technological, and political circumstances.

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The period in which an economy rebounds from a recession or downturn, generally marked by an increase in GDP, employment, and consumer spending.

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