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Compute ending work in process inventory for a manufacturer with the following information. Raw materials purchased $ 122,200 Raw materials used in production 86,800 Direct
Compute ending work in process inventory for a manufacturer with the following information. |
Raw materials purchased | $ | 122,200 | |
Raw materials used in production | 86,800 | ||
Direct labor used | 59,000 | ||
Total factory overhead | 96,400 | ||
Work in process inventory, beginning of year | 29,200 | ||
Cost of goods manufactured | 245,200 | ||
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