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Consider the following information: direct materials used $12,000 direct labor cost $37,278 manufacturing overhead is $50,000 Work in Process Inventory on January 1, 2019, was

Consider the following information:

direct materials used $12,000

direct labor cost $37,278

manufacturing overhead is $50,000

Work in Process Inventory on January 1, 2019, was $60,000

Work in Process Inventory on December 31, 2019, was $40,000

What was the cost of goods manufactured in 2019?

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