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4. Assume the following information pertaining to Star Company: Finished goods inventory Work in process inventory Direct materials Beginning $ 136,000 Ending $ 129,400
4. Assume the following information pertaining to Star Company: Finished goods inventory Work in process inventory Direct materials Beginning $ 136,000 Ending $ 129,400 89,000 122,000 109,000 135,800 Costs incurred during the period are as follows: Total manufacturing costs Factory overhead Direct materials used Cost of goods sold is calculated to be: $ 904,000 203,000 159,400
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