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Determine the total costs added to WIP during the month QUESTION 2 Barr Company reports the following information for August Raw materials used in production
Determine the total costs added to WIP during the month
QUESTION 2 Barr Company reports the following information for August Raw materials used in production equaled $63,000, Work in Process beginning inventory equaled $0; Work in Process ending inventory equaled $5,000; Factory wages earned (direct labor) equaled $26,500, Total manufacturing overhead expenses incurred equaled $ Finished Goods beginning inventory equaled $12,000; Finished Goods ending inventory equaled $10,000; Operating Expenses equaled $18,000, and Revenues equaled $160,000. Determine the total costs added to WIP during the month. QUESTION 3
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