Please show step by step how to solve. The following information relates to Ridley Company for 2017:
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The following information relates to Ridley Company for 2017:
Direct materials used $28,000 Direct manufacturing labor 17,000 Total manufacturing costs incurred 59,000 Ending finished goods inventory 4,000 Beginning finished goods inventory 9,000 Ending work-in-process inventory 3,000 Beginning work-in-process inventory 5,000.
What is cost of goods sold for 2017?
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