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Compute the Cost of Goods Manufactured and Cost of Goods Sold for Strike Marine Company for the most recent year using the amounts described next.
Compute the Cost of Goods Manufactured and Cost of Goods Sold for Strike Marine Company for the most recent year using the amounts described next. Assume that Raw Materials Inventory Data
contains only direct materials.
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Start the calculation for cost of goods manufactured by calculating the direct materials used.
Strike Marine Company
Calculation of Direct Materials Used
For Current Year
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