Valleydale Company incurred the following costs during the month: direct labor, $120,000; factory overhead, $108,000; and direct
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Required:
(1) Calculate the cost of goods manufactured
(2) Calculate the cost of goods sold.
Transcribed Image Text:
Beginning $27,000 61,500 37,500 Ending $26,000 57,500 43,500 Finished Goods Work in Process Direct Materials
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