What was the cost of finished goods inventory at beginning

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Reference no: EM132657217

Sage Ltd. had the following results for the month of March.

Sales $1,740,000

Cost of goods manufactured $1,009,200

Gross margin 40% of sales

Ending finished goods inventory$189,000

Required:

Problem 1: What was the cost of finished goods inventory at the beginning of March?

Reference no: EM132657217

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