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Consider Target Corporation's budget information: materials to be used, $64,750; direct labor, $198,400; factory overhead, $394,800; work in process inventory on January 1, $189,100; and
Consider Target Corporation's budget information: materials to be used, $64,750; direct labor, $198,400; factory overhead, $394,800; work in process inventory on January 1, $189,100; and work in progress inventory on December 31, $197,600. What is the budgeted cost of goods manufactured for the year?
$197,600 | |
$657,950 | |
$649,450 | |
$1,044,650 | |
None of the above |
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