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Given the following data for Glennon Company, compute (A) total manufacturing costs and (B) costs of goods manufactured: Direct materials used $250000 Beginning work in
Given the following data for Glennon Company, compute (A) total manufacturing costs and (B) costs of goods manufactured:
Direct materials used | $250000 | Beginning work in process | $40000 | |
Direct labor | 200000 | Ending work in process | 20000 | |
Manufacturing overhead | 250000 | Beginning finished goods | 50000 | |
Operating expenses | 350000 | Ending finished goods | 30000 |
(A) | (B) |
$720000 | $740000 |
$680000 | $720000 |
$700000 | $720000 |
$700000 | $680000 |
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