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The following costs were incurred by a manufacturing company: Materials used in product $121,300 Depreciation on plant 6,270 Property taxes on plant 990 Labour costs
The following costs were incurred by a manufacturing company: Materials used in product $121,300 Depreciation on plant 6,270 Property taxes on plant 990 Labour costs of assembly-line workers 150,400 Factory supplies used 3,250 Advertising expense 5,200 Factory insurance 21,250 Factory supervisor's salary 50,150 Work in process inventory was $5,900 at January 1 and $6,700 at December 31. Finished goods inventory was $30,000 at January 1 and $29,600 at December 31. (a) Calculate cost of goods manufactured. Cost of goods manufactured $ Save for Later Attempts: 0 of 1 used Submit
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