Cost of goods manufactured for the year

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Reference no: EM131219227

Scout Company reported the following year-end information:

Beginning work in process inventory $1,450,000

Beginning raw materials inventory 200,000

Ending work in process inventory 650,000

Ending raw materials inventory 400,000

Raw materials purchased 870,000

Direct labor 950,000

Manufacturing overhead 810,000

Scout Company’s Cost of Goods Manufactured for the year is:

Reference no: EM131219227

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