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Determine the costs transferred from Work in Process to Finished Goods Inventort Question 6 The following pertains to Constant Co. for September 2021 X Sales
Determine the costs transferred from Work in Process to Finished Goods Inventort
Question 6 The following pertains to Constant Co. for September 2021 X Sales $1,300,000 Raw materials inventory, beginning $40,000 Work in process inventory, beginning $54,000 Finished goods inventory, beginning $63,000 Raw materials purchases $180,000 Direct labor $230,000 Indirect labor $50,000 Repairs Factory equipment $31,000 Rent cost of factory building $49,000 Selling expenses $101,000 General and administrative expenses $160,000 Raw materials inventory, ending $42,000 Work in process inventory, ending $63,000 Finished goods inventory, ending $84,000 Use this information to answer the following question. Determine the costs transferred from Work In Process to Finished Goods Inventory Question 7
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