The companys total manufacturing costs for the year are $91,200,000 (see Figure 12-1), but only $83,600,000 is

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The company’s total manufacturing costs for the year are $91,200,000

(see Figure 12-1), but only $83,600,000 is charged to cost of goods expense. What happened to the other $7,600,000 ($91,200,000 manufacturing costs for year – $83,600,000 cost of goods sold expense for year = $7,600,000)?

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