During the current year, Aberdeen Company incurred the following product costs: Direct materials used in production $268,000 Direct labor $123,000 Manufacturing overhead $181,000 The company's beginning Work in Process Inventory was $14,000 and its ending Work in Process Inventory amounted to $27,000. What is the company's cost of finished goods manufactured for the year?

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Cost of Finished Goods Manufactured Calculation The cost of finished goods manufactured COGM represents the total cost incurred by a company to manufacture ... View the full answer