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4: (2 Points). We know the following: Racecar company reports the following: Cost of Goods Manufactured: Direct Materials Used: Direct Labor Incurred: Beg Work In
4: (2 Points). We know the following: Racecar company reports the following: Cost of Goods Manufactured: Direct Materials Used: Direct Labor Incurred: Beg Work In Process Inventory: 65,000 25,000 30,000 45,000 If Factory Overhead is 50% of Direct Labor, what would be our ending Work In Process Inventory? Make sure to show your work. This is similar to the Chapter 15 Class Problem we did. I would recommend using your BASE accounts here
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