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The following amounts were reported by Wildhorse Company before adjusting its underapplied manufacturing overhead of $10,400. Raw Materials Inventory Finished Goods Inventory Work in

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The following amounts were reported by Wildhorse Company before adjusting its underapplied manufacturing overhead of $10,400. Raw Materials Inventory Finished Goods Inventory Work in Process Inventory Cost of Goods Sold $52,000 78,000 130,000 949,000 Compute what amount Wildhorse will report as cost of goods sold after it adjusts for its underapplied overhead.

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