Luana Corporation provides the following information for 2020 Beginning work-in process inventory , January 1,2020 $14,000 Total
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Luana Corporation provides the following information for 2020
Beginning work-in process inventory , January 1,2020 $14,000
Total manufacturing cost incurred in 2020 $152,000
Ending work-in-process inventory, December 31, 2020 $11,000
Beginning inventory of finished goods, January 1, 2020 $20,000
Ending inventory of finished goods, December 31, 2020 $20,000
Calculate (a) Cost of goods manufactured in 2020 and (b) Cost of goods sold in 2020
Calculate (a) cost of goods manufactured in 2020
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