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1. Ivan Corp accounting records for 2017 year-end show the following: Raw Materials @ January 1 $17,000 Raw Materials @ December 31 $15,000 Raw
1. Ivan Corp accounting records for 2017 year-end show the following: Raw Materials @ January 1 $17,000 Raw Materials @ December 31 $15,000 Raw Materials purchased in 2017 $63,000 Direct Labor in 2017 Manufacturing overhead in 2017 $123,000 $148,000 Work-in-process @January 1 $26,000 Work-in-process @ December 31 Compute Cost of Goods Manufactured in 2017. $19,000
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International Accounting
Authors: Frederick D. Choi, Gary K. Meek
6th edition
131588141, 978-0131588141
