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Please help find the manufactured cost of goods using the information below. Required information The following selected account balances are provided for Delray Mfg. $
Please help find the manufactured cost of goods using the information below.
Required information The following selected account balances are provided for Delray Mfg. $ Sales Raw materials inventory, beginning Work in process inventory, beginning Finished goods inventory, beginning Raw materials purchases Direct labor Factory supplies used (indirect materials) Indirect labor Repairs-Factory equipment Rent cost of factory building Advertising expense General and administrative expenses Raw materials inventory, ending Work in process inventory, ending Finished goods inventory, ending 1,003,000 39,000 56,700 63,900 151,900 235,000 20, 100 44,000 5,250 55,000 97,000 130,000 46,400 44,400 66,200Step by Step Solution
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