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The Shoal Company's manufacturing costs for the third quarter of 2019 were as follows: (CPA adapted) Direct materials and direct labor Other variable manufacturing costs

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The Shoal Company's manufacturing costs for the third quarter of 2019 were as follows: (CPA adapted) Direct materials and direct labor Other variable manufacturing costs Depreciation of factory building and manufacturing equipment Other fixed manufacturing costs $620,000 165,000 72,000 14,000 What amount should be considered product costs for external reporting purposes? Multiple Choice $857,000 $620,000 $871,000 $785,000

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