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Round and Round, Inc manufactures wheels for bicycles, tricycles, and scooters. For each cost given below, determine if the cost is a peoduct cost or a period cost If the cost is a product cost. further determine if the cost is direct materials, direct labor, or manulacturing overhead and then dotemine if the product cost is a peime cost, conversion cost, or both. If the cost is a period cost. further determine if the cost is a seling expense or administrative expense. Cost (a) is answered as a guide, (jt an answer does not apply, leave the input field blank. White Golf Company Schedule of Cost of Goods Manufactured Beginning Work-in-Process Inventory Cost of Goods Manufactured Cost of Goods Sold Direct Labor Direct Materials Used Ending Work-in-Process Inventory Finished Goods Inventory Manufacturing Overhead Data Beginning Finished Goods Inventory Cost of Goods Available for Sale Cost of Goods Manufactured Ending Finished Goods Inventory Gross Profit Total Operating Expenses Information Finished Goods Inventory, Beginning Balance Finished Goods Inventory, Ending Balance Cost of Goods Manufactured 185,000 Print Done

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