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4. Determine the dollar amount that would be transferred from work in process inventory to finished goods inventory and ultimately to cost of goods sold

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4. Determine the dollar amount that would be transferred from work in process inventory to finished goods inventory and ultimately to cost of goods sold in 2017. $965,000+$ 1,035,000+$931,500-$20,000= $2,911,500 5. Determine the dollar amount that would remain in work in process inventory at the end of 2017. $20,000+1,035,000+$931,500=$123,500

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