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2 FY 2016 A Company had total manufacturing cost of $500,000. Their cost of goods manufactured for the year was $400,000. January 1, 2017 balance

2 FY 2016 A Company had total manufacturing cost of $500,000. Their cost of goods manufactured for the year was $400,000. January 1, 2017 balance of Work-in-process inventory is $55,000. What is the dollar amount of FY 2016 Work-in-process inventory.

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