Given the following information, determine the cost of goods manufactured.
Direct Labor Incurred $ 60000
Manufacturing Overhead Incurred $174000
Direct Materials Used $152000
Finished Goods Inventory, Jan. 1 $198000
Finished Goods Inventory, Dec. 31 $96500
Work-in-Process Inventory, Jan. 1 $220500
Work-in-Process Inventory, Dec. 31 $108000
A. $ 386000
B. $ 278000
C. $ 498500
D. $ 186500
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Given the following information, determine the cost of goods manufactured. Direct Labor Incurred $ 60000 Manufacturing...
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