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Manufacturing overhead has an underallocated balance of $12,500; raw materials inventory balance is $145,900; work in process inventory is $123,000; finished goods inventory is
Manufacturing overhead has an underallocated balance of $12,500; raw materials inventory balance is $145,900; work in process inventory is $123,000; finished goods inventory is $140,100; and cost of goods sold is $170,600. After adjusting for the underallocated manufacturing overhead, what is cost of goods sold?
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Managerial Accounting
Authors: Ray Garrison, Eric Noreen, Peter Brewer
16th edition
1259307417, 978-1260153132, 1260153134, 978-1259307416
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