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Required: Use the given information to complete the below schedule of cost of goods manufactured.

Purchases of raw materials $120,000.00
Raw materials available for use $148,000.00
Cost of direct raw materials used $124,000.00
Manufacturing overhead $24,000.00
Total manufacturing costs $310,000.00
Ending work-in-process inventory $(46,000.00)
Cost of goods manufactured $306,000.00

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M918610

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