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Assume the following for Smart Touch Learning for the year ended December 31, Year 3: Ending WIP Inventory =$365,000; Direct Materials Used =$210,000; Manufacturing Overhead
Assume the following for Smart Touch Learning for the year ended December 31, Year 3:
Ending WIP Inventory =$365,000;
Direct Materials Used =$210,000;
Manufacturing Overhead =$55,000;
Beginning WIP Inventory =$375,000;
Direct Labor =$45,000.
Calculate Cost of Goods Manufactured for the period.
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