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Calculate the cost of goods manufactured using the following information: Direct materials used $ 300,500 Direct labor 134,000 Total factory overhead 266,000 General and administrative
Calculate the cost of goods manufactured using the following information: Direct materials used $ 300,500 Direct labor 134,000 Total factory overhead 266,000 General and administrative expenses 87,500 Selling expenses 50,800 Work in Process inventory, beginning 120,500 Work in Process inventory, ending 127,900 Finished goods inventory, beginning 234,100 Finished goods inventory, ending 240,700
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