A company that uses job order costing provided the following information: Dec. 31, Jan. 1, 2023...

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A company that uses job order costing provided the following information: Dec. 31, Jan. 1, 2023 2023 Work in $17,200 $43,000 process inventory Finished 103,200 129,000 goods inventory Direct 301,000 materials used Direct 137,600 labor Selling 107,500 expenses Manufacturing overhead is applied at a rate of 150% of direct labor cost. What is the amount of cost of goods sold for the year ended December 31? A company that uses job order costing provided the following information: Dec. 31, Jan. 1, 2023 2023 Work in $17,200 $43,000 process inventory Finished 103,200 129,000 goods inventory Direct 301,000 materials used Direct 137,600 labor Selling 107,500 expenses Manufacturing overhead is applied at a rate of 150% of direct labor cost. What is the amount of cost of goods sold for the year ended December 31?

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Answer To find the cost of goods sold COGS for the year ended December 31 2023 we need to calculate ... View the full answer