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Inventories - Cost of goods manufactured
Information for the Acme Manufacturing Company follows:
Beginning raw materials inventory........
$53,200
Beginning goods in process, inventory........
78,400
Ending raw materials inventory........
58,100
Ending goods in process, inventory........
98,000
Direct labor..............
149,800
Total factory overhead.......
105,000
Raw materials purchases......
210,000
Calculate the cost of goods manufactured for this company.
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