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Laramie Technologies has the following data: Work in process inventory, beginning $45,000 Work in process inventory, ending 32,000 Direct labor costs 56,000 Cost of materials
Laramie Technologies has the following data:
| Work in process inventory, beginning | $45,000 |
| Work in process inventory, ending | 32,000 |
| Direct labor costs | 56,000 |
| Cost of materials used | 50,000 |
| Factory overhead | 28,000 |
Calculate the cost of goods manufactured. $
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The Auditor An Instructional Novella
Authors: James K. Loebbecke
1st Edition
0130799769, 978-0130799760
