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Vaughn Company produces small gasoline-powered engines for model airplanes. Mr. Clemens, Vaughn's CFO, has presented you with the following cost information: Direct Materials Inventory, beginning

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Vaughn Company produces small gasoline-powered engines for model airplanes. Mr. Clemens, Vaughn's CFO, has presented you with the following cost information: Direct Materials Inventory, beginning $ 86,000 Direct Materials Inventory, ending $ 130,000 Work in Process Inventory, beginning $ 149,000 Work in Process Inventory, ending $ 99,000 Direct labor $ 758,000 Direct materials purchases $971.000 Insurance, factory $ 58,600 Depreciation, factory $ 24,100 Depreciation, executive offices $ 10,900 Indirect labor $ 216,000 Utilities, factory $ 15,600 Utilities, executive offices $ 8,200 Property taxes, factory $ 16,300 Property taxes, executive offices $ 16,500 Using this cost information, prepare a cost of goods manufactured schedule for Mr. Clemens. Vaughn Company Schedule of Cost of Goods Manufactured Vaughn Company Schedule of Cost of Goods Manufactured SI

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