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Direct material amounts to $260,000, and the Direct Labor rate for the period averages $15.50 an hour. There is no ending Finished Goods inventory,
Direct material amounts to $260,000, and the Direct Labor rate for the period averages $15.50 an hour. There is no ending Finished Goods inventory, but the company beginning finished goods inventory total $35,000. No beginning work in process, the ending work-in-process amounts to 73,775. Determine the adjusted cost of goods sold.
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