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Use the following data to determine the cost of goods manufactured: Beginning finished goods inventory$12,000 Direct labor used 31,800 Beginning work in process inventory 8,400
Use the following data to determine the cost of goods manufactured:
Beginning finished goods inventory$12,000 Direct labor used 31,800 Beginning work in process inventory 8,400 General and administrative expenses 14,700 Direct materials used 41,700 Ending work in process inventory 10,200 Indirect labor 7,500 Ending finished goods inventory 10,700 Indirect materials 14,700 Depreciationfactory equipment 8,700#20 Use the following data to determine the cost of goods manufactured:
Beginning finished goods inventory$12,000 Direct labor used 31,800 Beginning work in process inventory 8,400 General and administrative expenses 14,700 Direct materials used 41,700 Ending work in process inventory 10,200 Indirect labor 7,500 Ending finished goods inventory 10,700 Indirect materials 14,700 Depreciationfactory equipment 8,700Step by Step Solution
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