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Question - The following information is taken from the financial records of Gunner Manufacturing:

Cost of materials used

$45,000

Direct labor costs

48,000

Factory overhead

39,000

Work in process, beg.

18,000

Work in process, end.

28,000

What is cost of goods manufactured?

a. $178,000

b. $132,000

c. $122,000

d. $142,000

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