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Walsh University Operations And Supply Chain Management Assignment Help - Managerial Accounting

Question - Gest Inc. has provided the following data for the month of November. The balance in the Finished Goods inventory account at the beginning of the month was $54,000 and at the end of the month was $40,400. The cost of goods manufactured for the month was $269,000. The actual manufacturing overhead cost incurred was $145,100 and the manufacturing overhead cost applied to Work in Process was $133,000. The adjusted cost of goods sold that would appear on the income statement for November is: $282,600 $294,700 $255,400 $270,500

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