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Consider Dereks budget information: materials to be used, $65,300; direct labor, $199,700; factory overhead, $403,000; work
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Answer #1

Total manufacturing cost=Direct materials+Direct labor+Factory overhead

=65300+199700+403000=668000

Cost of goods manufactured=Beginning WIP+Total manufacturing cost-Ending WIP

=188100+668000-192600

=$663500

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