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A company reported Cost of goods manufactured of $50,000 on the manufacturing statement. If the beginning balance in Goods in process inventory was $20,000 and
A company reported Cost of goods manufactured of $50,000 on the manufacturing statement. If the beginning balance in Goods in process inventory was $20,000 and the ending balance was $25,000 then the total manufacturing costs were $___ ????
Anyone help me with how to figure out this problem so I can know how to do this going forward?
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