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Business, 08.10.2019 02:30 bonnysvalentine

Sanchez & company produces paints. on july 1, it had no work-in-process inventory. it starts production of 99,000 gallons of paint in july and completes 75,000 gallons. the costs of the resources used by sanchez in july consist of the following: materials $ 215,920 conversion costs (labor and overhead) 289,700 required: the production supervisor estimates that the ending work-in-process is 85 percent complete. compute the cost of paint transferred to finished goods and the amount in work-in-process ending inventory as of july 31. (do not round intermediate calculations.)

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Sanchez & company produces paints. on july 1, it had no work-in-process inventory. it starts pr...
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