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A firm has redesigned its production process so that it now takes 4.5 hours for a unit to be made. Using the old process, it

A firm has redesigned its production process so that it now takes 4.5 hours for a unit to be made. Using the old process, it took 7 hours to make a unit. If the firm makes 3 units per hour on average and each unit is worth $3,900, what is the change in work-in-process value?

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