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Consider Derek's budget information: materials to be used totals $65,900; direct labor totals $201,900; factory...

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Accounting

Consider Derek's budget information: materials to be used totals $65,900; direct labor totals $201,900; factory overhead totals $397,600; work in process inventory January 1 is $187,900; and work in progress inventory on December 31 is $191,700. The budgeted cost of goods manufactured for the year is

a.$191,700

b.$661,600

c.$665,400

d.$853,300

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