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The Total Manufacturing costs incurred for the month was $620,525. Beginning work in process was $152,000. There were $260,000 of partially finished goods remaining in work in process inventory at the end of the month. What was the cost of goods manufactured during the month?

The Total Manufacturing costs incurred for the month was $620,525. Beginning work in process was $152,000. There were $260,000 of partially finished goods remaining in work in process inventory at the end of the month. What was the cost of goods manufactured during the month?

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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The Total Manufacturing costs incurred for the month was $620,525. Beginning work in
process was $152,000. There were $260,000 of partially finished goods remaining in
work in process inventory at the end of the month. What was the cost of goods
manufactured during the month?

 

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