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Mustafa Manufacturing Company began operations on January 2. During the year, it started and complefed 3,000 units of product. The financial statements are prepared in

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Mustafa Manufacturing Company began operations on January 2. During the year, it started and complefed 3,000 units of product. The financial statements are prepared in accordance with GAAP. The compony incurred the following costs: 1. Raw materials purchased and used $6,200 2. Wages of production workers $7,400. 3. Salaries of administrative and sales personnel- $3,000. 4. Deprecistion on manufocturing equipment $4,400 5. Depreciation on administrative equipment $2,200 Mustafa sold 2,400 units of product. Peopuired a. Determine the total product cost for the year. b. Determine the total cost of the ending inventory. c. Determine the total of cost of goods sold

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