Ragtime Company had the following information for the year: 
Ragtime Company used a predetermined overhead rate of $35 per direct labor hour for the year.Assume the only inventory balance is an ending Work in Process Inventory balance of $17,000.What was cost of goods manufactured?
Definitions:
Philip Zimbardo
An American psychologist known for his research on social influence and the dynamics of time perspective, notably leading the Stanford prison experiment.
Electric Shocks
Sudden discharges of electricity through a part of the body, used in some experimental settings for varying purposes.
Prison Guards
Individuals responsible for the supervision, safety, and security of prisoners in a correctional facility.
Social Loafing
The phenomenon whereby individuals reduce their effort when working in a group compared to when working alone, due to perceived diffusion of responsibility.
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