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Cost of direct material used in manufacturing $ 62,000 Direct labour costs 15,000 Manufacturing overhead...

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Accounting

Cost of direct material used in manufacturing $ 62,000 Direct labour costs 15,000 Manufacturing overhead 6,500 Sales commissions at 8% of sales 22,000 Opening finished goods inventory 5,000 Opening work-in-process inventory 3,000 Ending finished goods inventory 12,000 Ending work-in-process inventory 12,000 Required: What was the cost of goods manufactured for Phoenix?

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