Question: Alibaba Group Holding Limited has beginning work in process inventory of $15,000 and ending work in process inventory of $20,000. During the period, direct materials

Alibaba Group Holding Limited has beginning work in process inventory of $15,000 and ending work in process inventory of $20,000. During the period, direct materials used were $50,000, direct labor cost was $30,000, and manufacturing overhead incurred was $20,000. Calculate: a) The cost of goods manufactured. b) The total manufacturing costs incurred. c) The cost of goods sold. d) The gross profit.

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