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Use the following information from the income statement of Brit Corporation

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Use the following information from the income statement of Brit Corporation. Beginning Finished Goods Inventory Ending Finished Goods Inventory Net Sales $300,000 290,000 800,000 240,000 Gross profit The cost of finished goods manufactured for the year must have been $250,000 $550,000 O $230,000 O $570,000 2 pts Question 16 A process costing system O uses a single Work in Process account for the entire company.