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Jax company produces chemical used in food preservatives. Jax company requires the controller to prepare a statement of cost of goods manufactured. During 2022, $361,920

image text in transcribed Jax company produces chemical used in food preservatives. Jax company requires the controller to prepare a statement of cost of goods manufactured. During 2022, $361,920 of direct material were purchased. Inventory account balances and operating data for 2022 are given below. Kequired: Part A: Prepare a schedule of cost of goods manufactured in proper format (9 marks)

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