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During the year, a manufacturing company had the following operating results: Beginning work-in-process inventory Beginning finished goods inventory Direct materials used in production Direct labor
During the year, a manufacturing company had the following operating results: Beginning work-in-process inventory Beginning finished goods inventory Direct materials used in production Direct labor Manufacturing overhead incurred Ending work-in-process inventory Ending finished goods inventory $ 51,000 $202,000 $332,000 $535,000 $274,000 $ 79,000 $ 95,000 What is the cost of goods manufactured for the year? Multiple Choice $1,248,000 $1,220,000 $1,141,000. $1,113,000
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