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QUESTION 3 Assume the following costs in each of the categories identified in question one are: Packaged (Cans & Bottles) $131,961 Kegs $66,317 Shrinkage/WIP Loss

QUESTION 3

Assume the following costs in each of the categories identified in question one are:

Packaged (Cans & Bottles)

$131,961

Kegs

$66,317

Shrinkage/WIP Loss

$42,000

Contract Labor

$9,000

Direct Labor

$240,000

Freight

$18,000

Consumer Advertising

$30,000

Trade Promotion

$30,000

Sales Promotion

$18,000

Salaries & Benefits

$180,000

What is Shannon's cost of goods sold?

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