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Laramie Technologies had the following data for 12/31/XX: Cost of Materials Used $50,000 Direct Labor costs $56,000 Factory Overhead $28,000 Work in Process, beg. $31,000
Laramie Technologies had the following data for 12/31/XX: Cost of Materials Used $50,000 Direct Labor costs $56,000 Factory Overhead $28,000 Work in Process, beg. $31,000 Work in Process, end. $22,000 Prepare a statement of cost of goods manufactured.
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