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Business, 20.09.2020 09:01 scarliie8942

The following information was taken from the accounting records of Light Tool Corporation. Work in process inventory, beginning of the year $ 50,000 Cost of direct materials used 260,000 Direct labor cost applied to production 135,000 Cost of finished goods manufactured 897,750 Overhead assigned to production was $500,000. Compute the amount of the work in process inventory on hand at year-end.

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The following information was taken from the accounting records of Light Tool Corporation. Work in p...
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