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Tyler Corporation reports the following results for its first month of operations ended December 31. Overhead is applied using a predetermined overhead rate of 90%

Tyler Corporation reports the following results for its first month of operations ended December 31. Overhead is applied using a predetermined overhead rate of 90% of direct materials cost.

Raw materials purchased$ 19,800Sales$ 38,800Direct materials used12,700Cost of goods sold29,100Direct labor used19,800Selling expenses2,800Cost of goods manufactured33,400General and administrative expenses3,900

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