Concord Corporation incurred the following costs while manufacturing its product. Materials used in product $136,800...
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Concord Corporation incurred the following costs while manufacturing its product. Materials used in product $136,800 Advertising expense $51,300 Depreciation on plant 68,400 Property taxes on plant 16,300 Property taxes on store 8,550 Delivery expense 23,600 125,400 Sales commissions 39,900 Labor costs of assebly-line workers Factory supplies used 26,900 Salaries paid to sales clerks 57,000 Work in process inventory was $13,850 at January 1 and $17,500 at December 31. Finished goods inventor 1 and $51,800 at December 31. (a) Compute cost of goods manufactured. Cost of goods manufactured $
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