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Here are data regarding Acme Company for the month of January: During January, direct labor...

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Accounting

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Here are data regarding Acme Company for the month of January: During January, direct labor used is $57,000, manufacturing overhead applied is $68,400, and raw material purchases are $96,000. All raw materials are direct materials. Ending finished goods inventory is $24,500. What is the cost of goods sold for January? $194,540 $206,040 $212,040 $240,540 None of the above

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