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7. Given the following data for M company compute (A)total manufacturing costs and (B)cost of goods manufactured: Direct materials used $180,000 Beginning work in process
7. Given the following data for M company
compute (A)total manufacturing costs and (B)cost of goods manufactured:
Direct materials used $180,000
Beginning work in process $30,000
Direct labor 150,000
Ending work in process 15,000
Manufacturing overhead 225,000
Beginning finished goods 38,000
Operating expenses 263,000
Ending finished goods 23,000
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