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Dyed-denim corporation is seeking to lower the costs of value creation and achieve a low-cost position. as a result, it plans to move its manufacturing plant from the u.s. to thailand, which based on company research, is the optimal location for production. this strategic move will most likely allow the company to realize
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Wyman corporation uses a process costing system. the company manufactured certain goods at a cost of $920 and sold them on credit to percy corporation for $1,315. the complete journal entry to be made by wyman at the time of this sale is:
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