The Goods in Process Inventory Account for XYZ Inc.follows: If the overhead is applied at the rate of 80% of direct labor cost, what is the amount of Cost of Goods Manufactured?

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The Goods in Process Inventory Account for XYZ Inc.follows:  If the overhead is applied at the rate of 80% of direct labor cost, what is the amount of Cost of Goods Manufactured?

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The Answer of The Goods in Process Inventory Account for XYZ Inc.follows:  If the overhead is applied at the rate of 80% of direct labor cost, what is the amount of Cost of Goods Manufactured?