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The ending balances of the inventories and the COGS after the application of overhead and disposal of over applied overhead amounting to $40,000 follows: Raw
The ending balances of the inventories and the COGS after the application of overhead and disposal of over applied overhead amounting to $40,000 follows: Raw Materials $200,000 Work-in-Process $96,000 Finished Goods $384,000 Cost of Goods sold $480,000 The over applied overhead is material. Compute the unadjusted cost of goods sold prior to the disposal of the over applied overhead
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