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Cost of Goods Sold In March, Chilton Company purchased materials costing $ 3 5 , 0 0 0 and incurred direct labor cost of $
Cost of Goods Sold
In March, Chilton Company purchased materials costing $ and incurred direct labor cost of $ Overhead totaled $ for
the month. Information on inventories was as follows:
Required:
What was the cost of goods sold for March?
$
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Set up T account for finished goods inventory account. Add cost of goods manufactured debit from work in process credit
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