question archive The Magic Shop Corporation had a beginning finished goods inventory valued at $25,000 and an ending finished goods inventory of $35,000

The Magic Shop Corporation had a beginning finished goods inventory valued at $25,000 and an ending finished goods inventory of $35,000

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The Magic Shop Corporation had a beginning finished goods inventory valued at $25,000 and an ending finished goods inventory of $35,000. The cost of goods manufactured was $106,700. What was the cost of goods sold for The Magic Shop Corporation?

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