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During FY 2020 Bay Manufacturing had total manufacturing costs are $434,000. Their cost of goods manufactured for the year was $469,000. The January 1, 2021

During FY 2020 Bay Manufacturing had total manufacturing costs are $434,000. Their cost of goods manufactured for the year was $469,000. The January 1, 2021 balance of Work-in-Process Inventory is $55,000. Use this information to determine the dollar amount of the FY 2020 beginning Work-in-Process Inventory. Round to a whole numberĀ 

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