Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN: 9781305970663
Author: Don R. Hansen, Maryanne M. Mowen
Publisher: Cengage Learning
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Transcribed Image Text:Dolan Manufacturing Company's accounting records reflect the following inventories:
Dec. 31, 2011 Dec. 31, 2010
Raw materials inventory
$310,000
$260,000
Work in process inventory $300,000
$160,000
During 2011, $400,000 of raw materials were purchased, direct labor costs amounted to $500,000, and
manufacturing overhead incurred was $480,000.
Dolan Manufacturing Company's total cost of goods manufactured in 2011, calculate total cost of goods
manufactured?
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