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Complete the missing amounts and labels in the T-accounts. (Click the icon to view the T-accounts.) + Begin with the Work-in-Process-Cutting T-account, then complete
Complete the missing amounts and labels in the T-accounts. (Click the icon to view the T-accounts.) + Begin with the Work-in-Process-Cutting T-account, then complete each of the remaining T-accounts. (Abbreviations used: COGS = Cost of Goods Sold, FG = Finished Goods, WIP Work-in-Process) = Work-in-Process Inventory-Cutting Balance, May 1 0 Direct Materials 56,000 Direct Labor 16,000 Manufacturing Overhead 31,000 Balance, May 31 20,000 Transfer out to
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