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31. LO.7 (Cost of goods manufactured) The Work in Process Inventory account of Phelan Corporation increased $23,000 during November 2010. Costs incurred during November

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31. LO.7 (Cost of goods manufactured) The Work in Process Inventory account of Phelan Corporation increased $23,000 during November 2010. Costs incurred during November included $24,000 for direct material, $126,000 for direct labor, and $42,000 for overhead. What was the cost of goods manufactured during November?

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