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DJ Corporation manufactures gadgets. At the end of the period, DJ has $18,600 of finished gadgets, $5,400 of work-in-process gadgets, and $11,000 in raw materials
DJ Corporation manufactures gadgets. At the end of the period, DJ has $18,600 of finished gadgets, $5,400 of work-in-process gadgets, and $11,000 in raw materials onsite. It also has the following goods in transit: $9,400 in gadgets sold and shipped FOB destination to a customer and $5,200 in raw materials purchases shipped FOB shipping point from a supplier. What is DJ's total inventories
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Financial Accounting
Authors: Libby, Short
6th Edition
978-0071284714, 9780077300333, 71284710, 77300335, 978-0073526881
