Assume sandor manufacturings cost of goods manufactured for

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Sandor Manufacturing Inc.'s accounting records reflect the following inventories:


Dec. 31, 2013 Dec. 31, 2014
Raw materials inventory $110,000 $ 90,000
Work in process inventory 156,000 174,000
Finished goods inventory 138,000 150,000

During 2014, Sandor purchased $1,440,000 of raw materials, incurred direct labor costs of $300,000, and incurred manufacturing overhead totaling $84,000.

Assume Sandor Manufacturing's cost of goods manufactured for 2014 amounted to $1,740,000. How much would it report as cost of goods sold for the year?

Reference no: EM13578530

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