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The following balances are from the accounts of Tappan Parts: Direct materials used during the year amount to $1,196,000 and the cost of goods sold

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The following balances are from the accounts of Tappan Parts: Direct materials used during the year amount to $1,196,000 and the cost of goods sold for the year was $1,378,000. Required Find the following by completing a cost of goods sold statement: a. Cost of direct materials purchased during the year. b. Cost of goods manufactured during the year. c. Total manufacturing costs incurred during the year

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