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Show all work:: Information for Reedy Manufacturing is presented below. Compute both the cost of goods manufactured and the cost of goods sold for Reedy
Show all work:: Information for Reedy Manufacturing is presented below. Compute both the cost of goods manufactured and the cost of goods sold for Reedy Manufacturing. BEGINNING RAW MATERIALS INVENTORY $46,800 BEGINNING GOODS IN PROCESS INVENTORY 21,200 DIRECT LABOR 81,000 BEGINNING FINISHED GOODS INVENTORY 64,000 TOTAL FACTORY OVERHEAD 106,000 RAW MATERIALS PURCHASED 21,500 ENDING RAW MATERIALS INVENTORY 40,000 ENDING GOODS IN PROCESS INVENTORY 20,000 ENDING FINISHED GOODS INVENTORY 46,000
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