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Quaker Oats USA has a total manufacturing cost of $75,000,000. The beginning work in process inventory is $6,000,000, and the ending work in process inventory
Quaker Oats USA has a total manufacturing cost of $75,000,000. The beginning work in process inventory is $6,000,000, and the ending work in process inventory is $7,500,000. Calculate the total cost of goods manufactured for Quaker Oats USA. Prepare a classified balance sheet as of December 31, 20X1.
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