Business, 14.04.2020 20:56 jaymiahyman123
The production department started the month with beginning goods in process inventory of $10,000. During the month, it was assigned the following costs: direct materials of $72,000; direct labor of $20,000; factory overhead applied at the rate of 40% of direct labor cost. Inventory with a cost of $95,000 was transferred to finished goods. What is the ending balance of goods in process inventory?
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The production department started the month with beginning goods in process inventory of $10,000. Du...
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