Chapter 16, Problem 16.12E

Sub-General Accounting

General accounting 6.3

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Question: 7 Marks

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What was the cost of goods m?

Question: Consider the following information: direct materials used totaled $124,700; direct labor amounted to $412,000; overhead was computed to be $789,600; Work in Process Inventory on March 1, 2014, was $482,500; and Work in Process Inventory on March 31, 2014, was $597,100. What was the cost of goods manufactured?

Accural accounting?

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