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Souza Manufacturing found the following information in its accounting records 3526.300 of direct materials used $220.000 of d
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Souza Manufacturing
Calculation of Cost of Goods Manufactured
For Current Year
Beginning work in process inventory $73,600
Plus: Manufacturing costs incurred
Direct materials used $526,300
Direct labor $228,000
Manufacturing Overhead $774,800
Total manufacturing costs to account for                                   $1,602,700
Less: Ending work in process inventory $89,200
Cost of Goods Manufactured                               $1,513,500
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