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Carrington Manufacturing completed production on units that had a total cost of $70,000. These units were sold for $76,000. The journal entries to record these
Carrington Manufacturing completed production on units that had a total cost of $70,000. These units were sold for $76,000. The journal entries to record these transactions would include a Multiple Choice credit to finished goods of $76,000 debit to finished goods of $76.000 debit to cost of goods sold of $76,000 credit to work in process of $70.000 credit to cost of goods sold of 570.000
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