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GQ Company produces its product in a single processing department. Direct materials are added at the start of the process, while direct labor, and overhead

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GQ Company produces its product in a single processing department. Direct materials are added at the start of the process, while direct labor, and overhead are added evenly throughout the process. The company uses monthly reporting periods for its weightedaverage process cost accounting system. Its Goods in Process Inventoryr account follows after entries for direct materials, direct labor, and overhead costs for November: Goods in Process Inventory Acct. No. 155 Date Explanation Debit Credit Balan ce Nov. 1 Beg. Balance 413,?82 31 Direct materials 113,213 [1 513,9 82 31 Direct labor 1113,4130 91,382 31 Applied overhead 1233313 U 2 1:1 , 3 32 Its beginning goods in processconsisted of 32,333 of direct materials, 39,538 of direct labor, and $28,864 of factory overhead. During November, the company started 6,013!) units and transferred

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