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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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