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Consider dereks budget information materials to be used

Question - Consider Derek's budget information: materials to be used totals $64,500; direct labor totals $200,400; factory overhead totals $398,600; work in process inventory January 1, $188,400; and work in progress inventory on December 31, $197,700. What is the budgeted cost of goods manufactured for the year?

a. $654,200

b. $663,500

c. $851,900

d. $197,700

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Accounting Basics: Consider dereks budget information materials to be used

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