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Mad Company's beginning and ending inventories for the month of November were as follows: Production data for month follow: Mad applies manufacturing overhead cost to

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Mad Company's beginning and ending inventories for the month of November were
as follows:
Production data for month follow:
Mad applies manufacturing overhead cost to jobs at the rate of 70% of direct labor
cost incurred. The company does not close under- or overapplied manufacturing
overhead to Cost of Goods Sold until the end of the year.
Mad Company's cost of goods manufactured for November was:
image text in transcribed

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