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Question - 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

Calculate the cost of goods manufactured for this company.

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