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Raynor Company has the following data: Direct labor 76,000 Direct materials used 84,000 Total manufacturing overhead 60,000 Ending work in process 45,000 Beginning work in
Raynor Company has the following data:
- Direct labor 76,000
- Direct materials used 84,000
- Total manufacturing overhead 60,000
- Ending work in process 45,000
- Beginning work in process 30,000
Calculate the cost of goods manufactured. (Hint: you need to calculate total manufacturing costs!)
Show work if possible.
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