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Use the cost information below for Laurels Company to determine the cost of goods manufactured during the current year: Direct materials used$5,000 Direct labor 7,000 Total factory overhead 5,100 Beginning
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Use the cost information below for Laurels Company to determine the cost of goods manufactured during the current year: Direct materials used$5,000 Direct labor 7,000 Total factory overhead 5,100 Beginning work in process 3,000 Ending work in process 4,000 Multiple Choice $12,000. $16,100. $17,100. $18,100. $13,600.

User Oldrich Svec
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9 votes

Answer:

$16,100

Step-by-step explanation:

Add the total manufacturing costs for the year to determine the cost of goods manufactured during the current year. Also remember to account for change in work in process inventory.

User Marczych
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