ABC Company has provided the following data concerning last…
ABC Company has provided the following data concerning last month’s operations. Raw materials used in production $14,000 Direct labor cost $58,000 Manufacturing overhead applied (allocated) to Work in Process $97,000 Beginning Ending Raw materials inventory $11,000 $23,000 Work in process inventory $52,000 $66,000 Assume all raw materials used in production are direct materials, how much is the cost of goods manufactured for the month? PLEASE SHOW YOUR WORK BY USING THE HONORLOCK ON-SCREEN CALCULATOR.
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