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problem: 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

Compute the cost of goods manufactured for this company.

 

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