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Saved 9 The following data (in thousands of dollars) have been taken from the accounting records of Karling Corporation for t

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Answer #1

Answer:-

Particulars

Amount in $

Beginning work in process

70

Add - direct labour

200

Add - manufacturing overhead

230

Add - materials used

90

Less - closing work in process

-50

Cost of goods manufactured

540

Note:-

Material used :

Material purchased $120

+ Raw materials beginning. 40

– Raw materials ending. (70)

Material used :-. $90

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