During its first year of operations, Brown Company incurred the following product costs: ...
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Accounting
During its first year of operations, Brown Company incurred the following product costs:
Direct materials used in production $168,000
Direct labor $89,400
Manufacturing overhead $96,900
The Brown Company's ending Work in Process Inventory amounted to $32,000 at the end of the year. What is the company's cost of finished goods manufactured for the year?
Multiple Choice
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$257,400.
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$168,000.
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$354,300.
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$322,300.
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