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3) The cost of goods manufactured: (3 marks) Sienna Company has the following information for January Cost of direct materials used in production $20,000 Direct

3) The cost of goods manufactured: (3 marks)

Sienna Company has the following information for January

Cost of direct materials used in production

$20,000

Direct labor

15,000

Factory overhead

24,000

Work in process inventory, January 1

2,900

Work in process inventory, January 31

3,500

Calculate the cost of goods manufactured

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