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A manufacturing company provides the following details for the month of February: Direct materials used: $60,000 Direct labor incurred: $40,000 Manufacturing overhead applied: $50,000 Beginning
A manufacturing company provides the following details for the month of February:
- Direct materials used: $60,000
- Direct labor incurred: $40,000
- Manufacturing overhead applied: $50,000
- Beginning work in process inventory: $30,000
- Ending work in process inventory: $25,000
Calculate the cost of goods manufactured for the month.
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