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#136738

Accounting - Cost of Good Manufactured

For the month of January 2007, Immelman Corporation had a beginning balance of $31,600 in Work in Process Inventory. During the month, the company added the following costs to Work in Process: direct materials, $45,450; direct labor, $27,000; and manufacturing overhead, $40,500. The ending balance in Work in Process Inventory was $18,700. What was the Cost of Goods Manufactured for the period? Prepare a schedule that shows the calculation of the cost of goods manufactured.


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