Cost of Goods Manufactured
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Using the following data for February, calculate the cost of goods manufactured:
Direct materials 34,000
Direct labor 18,000
Manufacturing overhead 17,000
Beginning work in process inventory 13,000
Ending work in process inventory 10,000
The cost of goods manufactured was:
(a) 69,000
(b) 72,000
(c) 66,000
(d) 82,000
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