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View Policies Current Attempt in Progress Sandhill Corporation incurred the following costs while manufacturing its product. Materials used in product $122,500 Depreciation on factory 58,800

image text in transcribed View Policies Current Attempt in Progress Sandhill Corporation incurred the following costs while manufacturing its product. Materials used in product $122,500 Depreciation on factory 58,800 Property taxes on store 7,350 Labor costs of assembly-line workers 107,800 Factory supplies used 22,540 Advertising expense 44,100 Property taxes on factory 18,620 Delivery expense 20,580 Sales commissions 34,300 Salaries paid to sales clerks 49,000 Work in process inventory was $26,460 at January 1 and $15.190 at December 31. Finished goods inventory was $63,700 at January 1 and $49,570 at December 31. (Assume all raw materials used were direct materials.) (a) Compute cost of goods manufactured. Cost of goods manufactured Save for Later Attempts: 0 of 1 used Submit

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