Discuss the cost of goods manufactured, Accounting Basics

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Discuss the cost of goods manufactured

Consider the following information: direct materials used totaled $134,400; direct labor amounted to $396,800; overhead was computed to be $789,600; Work in Process Inventory on January 1, 2010, was $378,200; and Work in Process Inventory on December 31, 2010, was $385,200. What was the cost of goods manufactured?

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Accounting Basics: Discuss the cost of goods manufactured

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