Information for the Ace Manufacturing Company follows: Beginning raw material inventory.................................... $ 53,200 Beginning goods...
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Accounting
Information for the Ace Manufacturing Company follows:
Beginning raw material inventory.................................... $ 53,200
Beginning goods in process, inventory........................... 78,400
Ending raw material inventory ....................................... 58,100
Ending goods in process, inventory................................ 98,000
Direct labor...................................................................... 149,800
Total factory overhead.................................................... 105,000
Raw materials purchases............................................... 210,000
Calculate the cost of goods manufactured for this company. Please show calculations.
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