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Lompac Products manufactures a variety of products in its factory. Data for the most recent month's operations follow: Beginning raw materials inventory $340,000 Purchases of
Lompac Products manufactures a variety of products in its factory. Data for the most recent month's operations follow: Beginning raw materials inventory $340,000 Purchases of raw materials 870,000 Ending raw materials inventory 210,000 Direct labour 245,000 Manufacturing overhead 560,000 Beginning work-in-process inventory 150,000 Ending work-in-process inventory 170,000 Required: Prepare in good form a schedule of cost of goods manufactured for the company for the month
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