Calculating total manufacturing cost

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Reference no: EM13125889

Inventory balances for other financial data for et products are as follows:

Inventories December 31,2010 December 31,2011
Direct Materials 3,000 2,400
WIP 3,500 2,000
Finished Goods 10,000 5,000

Other Data:

Direct Materials purchased on credit 6,000
Direct Labor 5,000
Overhead 7,000
Selling Costs 2,000
General and Administrative Costs 5,000
Sales 50,000

Calculate Total Manufacturing Cost for the year.

Reference no: EM13125889

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