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Question - Ski Central has the following information for producing 500 skis. The company sold 240 of these skis produced. Based on the information below, what is the cost of goods sold amount for this period for Ski Central?
Direct Materials Used: $45,000
Direct Labor: $20,000
Manufacturing Overhead Applied: $100,000
Actual Depreciation on Factory: $9,000
Selling Expenses: $22,500
Administrative Expenses: $16,000
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