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Buffalo Office Equipment manufactures and sells metal shelving. It began operations on January 1, 2017. Click the icon to view the costs incurred during
Buffalo Office Equipment manufactures and sells metal shelving. It began operations on January 1, 2017. Click the icon to view the costs incurred during 2017.) (Click the loon to view the inventory data) Revenues in 2017 were $594,000. The selling price per unit and the purchase price per pound of direct materials were stable throughout the year. The company's ending inventory of finished goods is canned at the average unt manufacturing cost for 2017, Finished-goods inventory at December 31, 2017, was $26,000 Read the requirements
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