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During the current year, Jules Company incurred the following product costs: Direct materials used in production $267,000 Direct labor $132,000 Manufacturing overhead $199,000 Jules Company's
During the current year, Jules Company incurred the following product costs: |
Direct materials used in production $267,000 |
Direct labor $132,000 |
Manufacturing overhead $199,000 |
Jules Company's beginning Work in Process Inventory was $26,000 and its ending Work in Process Inventory amounted to $33,000. What is the company's cost of finished goods manufactured for the year? |
$624,000.
$331,000.
$605,000.
$591,000.
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