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How much of these costs should be inventories

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Reference no: EM132989032

Question - Dexter's company's 2016 manufacturing costs were as follows:

Direct materials and direct labor 100,000

Depreciation of manufacturing equipment 70,000

Depreciation of factory building 40,000

Janitor's wages for cleaning factory premises 15,000

How much of these costs should be inventories for external reporting purposes?

Reference no: EM132989032

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