Question
A company has this information from its accounting records: Sales $70,000 Beginning Finished Goods Inventory $10,000 Ending Finished Goods Inventory $46,000 Cost of Goods Sold
A company has this information from its accounting records:
Sales $70,000
Beginning Finished Goods Inventory $10,000
Ending Finished Goods Inventory $46,000
Cost of Goods Sold $22,000
Ending Work-in-Process Inventory $30,000
Calculate the $ amount transferred from Work-in-Process to Finished Goods.
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Accounting Best Practices
Authors: Steven M. Bragg
3rd Edition
0471444286, 978-0471444282
