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As of January 1, 2021, Tippy Cup Co.'s work in process inventory had a beginning balance of $98,750. The ending balance of work in process

As of January 1, 2021, Tippy Cup Co.'s work in process inventory had a beginning balance of $98,750. The ending balance of work in process inventory totaled $92,350. Using the information calculated in question five, calculate the cost of goods manufactured for the year.

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