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A manufacturer reports the following for the year: 50,000 direct labor used in production 120,000 direct materials purchased 100,000 direct materials used in production 15,000
A manufacturer reports the following for the year:
50,000 direct labor used in production
120,000 direct materials purchased
100,000 direct materials used in production
15,000 plant electric 20,000 advertising
Calculate the total manufacturing costs to account for in the statement of cost of goods manufactured. Assume that beginning and ending balances of work-in-process are zero.
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