For the month of January, Year 1, Ghent Corporation had a beginning balance of $103,600...

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Accounting

For the month of January, Year 1, Ghent Corporation had a beginning balance of $103,600 in work in process. During the month, the company added the following costs to work in process: direct materials, $90,900; direct labor, $57,400; and manufacturing overhead, $84,600. The ending amount of work in process was $38,500.
Required:
What was the cost of goods manufactured for the period? Prepare a schedule that shows the calculation of the cost of goods manufactured.
\table[[Ghent Corporation,],[Schedule of Cost of Goods Manufactured,],[,],[Manufacturing costs added,],[,],[,],[,],[Total work in process,],[,],[Cost of goods manufactured,]]
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