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Walmart Inc. Prepare a cost of goods manufactured statement for Walmart Inc. using the following data: Direct materials used: $3,000,000 Direct labor: $2,000,000 Manufacturing overhead:

Walmart Inc. Prepare a cost of goods manufactured statement for Walmart Inc. using the following data:

  • Direct materials used: $3,000,000
  • Direct labor: $2,000,000
  • Manufacturing overhead: $1,500,000
  • Beginning work in process inventory: $500,000
  • Ending work in process inventory: $600,000

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