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Keane Manufacturing found the following information in its accounting records: $516,750 of direct materials used, $227,100 of direct labor, and $774,800 of manufacturing overhead. The
Keane Manufacturing found the following information in its accounting records: $516,750 of direct materials used, $227,100 of direct labor, and $774,800 of manufacturing overhead. The Work in Process Inventory account had a beginning balance of $68,000 and an ending balance of $77,800. Compute the company's Cost of Goods Manufactured. Complete the following table to determine the cost of goods manufactured. Keane Manufacturing Calculation of Cost of Goods Manufactured For Current Year Plus: Manufacturing costs incurred Less
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