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Gustavo machinery uses a job cost system. The company provides the following info related to the WIP account for the current month. Beginning balance WIP
Gustavo machinery uses a job cost system. The company provides the following info related to the WIP account for the current month. Beginning balance WIP 25,000 DM used 28,000 DL incurred 20,000 Manufacturing overhead applied 35,000 Ending balance WIP 11,500 Determine cost of good sold in January
Beginning balance WIP 25,000
DM used 28,000
DL incurred 20,000
Manufacturing overhead applied 35,000
Ending balance WIP 11,500
Determine cost of good sold in January
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