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Swifty Manufacturing produces industrial light fixtures. For the year, management estimated that total manufacturing overhead would be $ 1120000. Management decided to use direct labor

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Swifty Manufacturing produces industrial light fixtures. For the year, management estimated that total manufacturing overhead would be $ 1120000. Management decided to use direct labor hours to apply manufacturing overhead and budgeted 144700 direct labor hours. The following information was compiled before an adjustment had been made to close Manufacturing Overhead Control: $ 124300 464170 Raw Materials Inventory Work in Process Inventory Finished Goods Inventory Cost of Goods Sold 432820 2340000 For the year, manufacturing overhead was over applied by $ 334000. If Swifty prorates the overapplied overhead, what is the ending balance of Cost of Goods Sold? (Round intermediate calculations to 4 decimal places.)

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