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A manufacturing company provided the following information for the month of July: Direct materials used: $40,000 Direct labor incurred: $25,000 Manufacturing overhead applied: $30,000 Beginning
A manufacturing company provided the following information for the month of July:
- Direct materials used: $40,000
- Direct labor incurred: $25,000
- Manufacturing overhead applied: $30,000
- Beginning work in process inventory: $15,000
- Ending work in process inventory: $10,000
Calculate the cost of goods manufactured for the month.
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Accounting Information Systems
Authors: Marshall B. Romney, Paul J. Steinbart
12th edition
132552620, 978-0132552622
