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Assuming that the direct materials used are $1,000,000, compute the total manufacturing costs using the following information Question 1 10 pts Assuming that the direct
Assuming that the direct materials used are $1,000,000, compute the total manufacturing costs using the following information
Question 1 10 pts Assuming that the direct materials used are $1,000,000, compute the total manufacturing costs using the following information. $ 20,000 Raw materials inventory, Januaty 1 Raw materials inventory, December 31 Work in process, January 1 Work in process, December 31 Finished goods, January 1 Finished goods, December 31 Raw materials purchases Direct labor Factory utilities Administrative costs Factory supervisory salaries Factory depreciation Selling expenses 40,000 18,000 12,000 40,000 32,000 760,000 150,000 50,000 60,000 400,000 420,000 Next
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