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Consider the following information for a manufacturing company for the month of March: Direct materials purchased: $90,000 Direct labor: $60,000 Manufacturing overhead: $50,000 Beginning finished

Consider the following information for a manufacturing company for the month of March:

  • Direct materials purchased: $90,000
  • Direct labor: $60,000
  • Manufacturing overhead: $50,000
  • Beginning finished goods inventory: 2,000 units
  • Ending finished goods inventory: 1,500 units

Calculate the cost of goods sold during the month.

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