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The following information is from ABC Companys general ledger: Beginning and ending inventories, respectively, for raw materials were $9,100 and $11,100 and for work in
The following information is from ABC Companys general ledger: Beginning and ending inventories, respectively, for raw materials were $9,100 and $11,100 and for work in process were $21,100 and $23,100. Raw material purchases and direct labor costs incurred were $37,100 each, and manufacturing overhead applied amounted to $21,100.
Prepare a statement of cost of goods manufactured for ABC Company.
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