Answer
C - a merchandising company and a manufacturing company
Work Step by Step
Both manufacturing and merchandising companies consider cost of goods available for sale when calculating COGS.
Accounting: Tools for Business Decision Making, 5th Edition
by Kimmel, Paul D.; Weygandt, Jerry J.; Kieso, Donald E.
Published by
Wiley
ISBN 10:
1118128168
ISBN 13:
978-1-11812-816-9
Chapter 14 - Managerial Accounting - Self-Test Questions - Page 778: 10
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