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Please help solve Root Shoe Company makes loafers. During the most recent year, Root incurred total manufacturing costs of $26,300,000. Of this amount, $2,000,000 was

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Root Shoe Company makes loafers. During the most recent year, Root incurred total manufacturing costs of $26,300,000. Of this amount, $2,000,000 was direct materials used and $19,800,000 was direct labor. Beginning balances for the year were Direct Materials, $700,000; Work-in-Process Inventory, $1,500,000; and Finished Goods Inventory, $400,000. At the end of the year, balances were Direct Materials, $800,000; Work-in-Process Inventory, $1,200,000; and Finished Goods InventoryY $600,000. Read the @uirements. Ending Direct Materials 800.000 2 100 000 Purchases $= Requirement 2. Analyze the inventory accounts to determine the cost of goods manufactured for the year. Work-in-P rocess Beginning Work-in-Process Inventory :| Direct Materials Used Direct Labor Manufacturing Overhead Total Manufacturing Costs Incurred during the Year w Total Manufacturing Costs to Account For Ending Work-in-Process Inventory Cost of Goods Manufactured

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