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Information for the Ace 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

find out the cost of goods manufactured for this company.

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M942247

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