Question: Alibaba Group Holding Limited has beginning work in process inventory of $30,000 and ending work in process inventory of $40,000. During the period, direct materials
ยท Alibaba Group Holding Limited has beginning work in process inventory of $30,000 and ending work in process inventory of $40,000. During the period, direct materials used were $100,000, direct labor cost was $60,000, and manufacturing overhead incurred was $40,000. Calculate the cost of goods manufactured.
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