Consider Derek's budget information: Materials to be used total $62,600; direct labor totals $201,000; factory...
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Accounting
Consider Derek's budget information: Materials to be used total $62,600; direct labor totals $201,000; factory overhead totals $393,300; work in process inventory on January 1 is $186,000; and work in progress inventory on December 31 is $192,600. The budgeted cost of goods manufactured for the year is a. $650,300 b. $192,600 c. $842,900 d. $656,900
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