Business
Business, 21.04.2020 23:33, kellyroy74

Multiple Choice Question 104 Oriole Company's accounting records reflect the following inventories: Dec. 31, 2020 Dec. 31, 2019 Raw materials inventory $310000 $260000 Work in process inventory 300000 160000 Finished goods inventory 190000 150000 During 2020, $820000 of raw materials were purchased, direct labor costs amounted to $851700, and manufacturing overhead incurred was $608000. If Oriole Company's cost of goods manufactured for 2020 amounted to $2089700, its cost of goods sold for the year is $1949700. $2049700. $2129700. $2199700.

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Multiple Choice Question 104 Oriole Company's accounting records reflect the following inventories:...

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