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Business, 05.04.2021 23:50 jaustin1961

Calculate the cost of goods sold using the following information: Direct materials used $ 299,900 Direct labor used 133,400 Factory overhead costs 265,400 General and administrative expenses 86,900 Selling expenses 50,200 Work in Process inventory, January 1 119,900 Work in Process inventory, December 31 127,300 Finished goods inventory, January 1 233,500 Finished goods inventory, December 31 240,100

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