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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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