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A computer virus destroyed some of the accounting records for Hampton Furniture Company for 2015. The following information was salvaged from the computer system. What
A computer virus destroyed some of the accounting records for Hampton Furniture Company for 2015. The following information was salvaged from the computer system.
What was the beginning balance in Raw Materials Inventory?
What was the value of Direct Materials used in production?
How much Overhead did they apply to Work-In-Process?
What was the value of goods completed and transferred to Finished Goods?
What was the value of goods sold to customers?
What was the beginning balance in Finished Goods?
Raw Materials Inventory Work-in-process Inventory DM ?? BI BI 21,985 65,250 54,205 319,255DL 155,050 EI 45,210 EI 29,635 Finished Goods Cost of Goods Sold BI 315,755 EI 42,500
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