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Coca-Cola uses job-order costing. Direct materials cost $1,000,000, direct labor cost $750,000, and manufacturing overhead is applied at 120% of direct labor cost. Calculate the

Coca-Cola uses job-order costing. Direct materials cost $1,000,000, direct labor cost $750,000, and manufacturing overhead is applied at 120% of direct labor cost. Calculate the total manufacturing cost for the job. Prepare a classified balance sheet as of December 31, 20X1.

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